India News | Madras HC Quashes ED Case Against DMK MP Jagathrakshakan
Get latest articles and stories on India at LatestLY. The Madras High Court has quashed a case registered under the Prevention of Money Laundering Act (PMLA) by the Enforcement Directorate (ED) against DMK MP S Jagathrakshakan.
Chennai, Nov 17 (PTI) The Madras High Court has quashed a case registered under the Prevention of Money Laundering Act (PMLA) by the Enforcement Directorate (ED) against DMK MP S Jagathrakshakan.
The division bench of Justices P N Prakash and RMT Teekaa Raman quashed the proceedings registered by the ED in June 2020 on the basis of two First Information Reports (FIRs) of the Crime Branch-Criminal Investigation Department (CB-CID), while allowing a petition from the Arakkonam constituency MP.
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The charge against Jagathrakshakan was that he allegedly usurped the properties of Chrome Leather Factory in Chromepet.
A single judge of the High Court had already in September this year quashed the two FIRs registered by the CB-CID and therefore the ED could not proceed with its case, the judges said.
In this connection, they cited a recent ruling of the Apex Court on a similar issue. The ED could not be allowed to proceed further with the investigation which it had initiated solely on the basis of the predicate offence, the judges added.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)