Sign in

‘Deeply apprehensive of…': Oppn on Supreme Court upholding stringent provisions of Money Laundering Act

As many as 17 opposition parties and independent MP Kapil Sibal have signed a joint statement on the top court's July 27 judgment.

Updated on: Aug 3, 2022, 16:02:46 IST
By , New Delhi
Share
Share via
  • facebook
  • twitter
  • linkedin
  • whatsapp
Copy link
  • copy link

In a joint statement, as many as 17 opposition parties and independent MP Kapil Sibal expressed disappointment with the Supreme Court's July 27 judgment upholding the constitutional validity of the stringent provisions of the Prevention of Money Laundering Act (PMLA).

The Supreme Court. (ANI)
The Supreme Court. (ANI)

Also Read: Supreme Court upholds power of ED to arrest under PMLA

Underlining that the signatories hold, and will always hold the top court in the highest respect, the statement said that the three-judge bench which delivered the judgment should've waited for the verdict of a larger bench for examining the constitutional validity of the Finance Act route to make amendments to the challenged provisions of the PMLA.

“We place on record our deep apprehension on the long-term implications of the recent Supreme Court judgment, upholding, in entirety, the amendments to the PMLA, 2002, without examining whether some of these amendments could have been enacted by way of Finance Act,” the statement, dated August 2, read.

Also Read: Deep dive into top court’s verdict on PMLA ambit, ED powers

Accusing the BJP-led Union government of indulging in ‘political vendetta of the worst kind’, the opposition parties lamented that though the ‘far-reaching amendments’ strengthened the government's hands, yet these were upheld.

“We are also very disappointed that the highest judicial authority, invited to give an independent verdict, has virtually reproduced arguments given by the executive in support of draconian amendments. We hope that the dangerous verdict will be short-lived and constitutional provisions will prevail soon,” the letter concluded.

Also Read: SC rule on PMLA clears all doubts, govt has no role in determining cases, says Rijiju

In recent days, a number of opposition leaders, including Congress's Sonia and Rahul Gandhi, Shiv Sena's Sanjay Raut, and TMC's Partha Chatterjee, have been questioned or arrested by the Enforcement Directorate (ED) in various cases; Chatterjee, however, was suspended by his party and relieved of all his ministerial duties in the West Bengal cabinet.

Representatives of the Congress, Shiv Sena and TMC are among signatories to the letter.

Also Read: Centre’s misuse of ED will increase after SC decision on PMLA, says Ashok Gehlot

Centre's alleged misuse of investigating agencies to target opposition leaders has led to protests during the ongoing monsoon session of Parliament.

  • HT News Desk
    ABOUT THE AUTHOR
    HT News Desk

    Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.