sekarreporter1: பணப்பரிமாற்ற தடை சட்டத்தின் படி சோதனை நடத்தவும் பரிந்துரை செய்யவும் முழு அதிகாரம் உள்ளது அந்த சோதனையின் போது போதிய ஆதாரங்கள் கிடைத்தால் சம்பந்தப்பட்டவர்களை கைது செய்யவும் மேலும் விசாரணை நடத்தவும் சட்டத்தின் முன் நிறுத்தவும் தண்டனை பெற்று தரவும் எங்களுக்கு முழு அதிகாரம் உள்ளது என்று கூடுதல் சொலிசிட்டார் இன்று வாதாடினா்

[7/12, 11:14] sekarreporter1: SG: So far as bank frauds are concerned, with our efforts we have returned approximately Rs. 18,000 to Rs. 19,000 crore to the banks. This was after attachment, confiscation and after court orders. This was done through investigation of individuals.
[7/12, 11:14] sekarreporter1: SG: So, there is an independent body with whom my prima facie conclusion based on materials must be submitted. The members of the adjudicating authority are high officials and they make any provisional attachment of properties final. PMLA also provides for confiscation.
[7/12, 11:16] sekarreporter1: SG: So, at a pre investigation stage, with whatever material I have I can attach the properties. Section 19 requires the investigating officer not to do any hanky panky and punish an innocent citizen. So, it requires him/her to put down reasons of arrest in writing
[7/12, 11:16] sekarreporter1: SG: The IO has to put the written reasons in a sealed cover & handover to the adjudicating authority. This stringent provision has been included so that the IO can be prosecuted for a wrongful arrest. The adjudicating authority is a completely independent body which double seals.
[7/12, 11:17] sekarreporter1: SG: Petitioner is arguing when we have material, why even arrest or interrogate. The answer is that under Section 19 the satisfaction of the investigation officer with respect to the guilt of the accused is only prima facie. Therefore, we can move forward and investigate.
[7/12, 11:18] sekarreporter1: SG: Now, your lordship may come to Chapter V of PMLA related to summons, searches and seizures. If their argument that Section 19 satisfaction precludes me from investigation is true, then my power will end at the stage of survey itself and I can’t even arrest him.
[7/12, 11:18] sekarreporter1: SG: Now come to Section 18 regarding search of individual persons. Everything goes to the adjudicating authority in a sealed cover which will be opened during trial. I cannot tamper with any material because I can be prosecuted. We have nothing to hide which we will show.
[7/12, 11:19] sekarreporter1: SG: General impression is that ED is randomly picking people but the truth is that this Act came into effect in 2005 and we were arguing Vijay Madnal in 2019. Till then, total arrest was only 330. So, it is wrong to say ED randomly prosecutes people under this law.
[7/12, 11:20] sekarreporter1: SG: There is only one punishment mentioned in Section 3 and one punishment in Section 4.
[7/12, 11:20] sekarreporter1: SG: General impression is that ED is randomly picking people but the truth is that this Act came into effect in 2005 and we were arguing Vijay Madnal in 2019. Till then, total arrest was only 330. So, it is wrong to say ED randomly prosecutes people under this law.
[7/12, 11:21] sekarreporter1: SG: 167 does not use the word police custody or judicial custody. It only uses the term ‘in such custody.’ Now please come to Section 2(n)(a) of PMLA. (He is reading out the section) So, whatever methods legally permissible exist to enable me to collect evidence is investigation
[7/12, 11:21] sekarreporter1: SG: Large number of best legal brains in the country have defended the biggest money bags in the country earlier but nobody has every raised this contention of Section 167 (custodial interrogation) of crpc not applying in money laundering cases.
[7/12, 11:24] sekarreporter1: பணப்பரிமாற்ற தடை சட்டத்தின் படி சோதனை நடத்தவும் பரிந்துரை செய்யவும் முழு அதிகாரம் உள்ளது அந்த சோதனையின் போது போதிய ஆதாரங்கள் கிடைத்தால் சம்பந்தப்பட்டவர்களை கைது செய்யவும் மேலும் விசாரணை நடத்தவும் சட்டத்தின் முன் நிறுத்தவும் தண்டனை பெற்று தரவும் எங்களுக்கு முழு அதிகாரம் உள்ளது என்று கூடுதல் சொலிசிட்டார் இன்று வாதாடினார்