Sanjay Mishra takes charge as Director ED

Sanjay Mishra, a 1984 batch IRS officer, who was appointed as the interim Director of Enforcement Directorate (ED) on Saturday took charge at the agency's headquarters here.

The government appointed Mishra as the interim Director of the ED for three months as incumbent Karnal Singh was set to retire on Sunday.

Incumbent Singh handed over the charge of Director to Mishra in the evening at the agency's headquarters in south Delhi's Khan Market area.

In his message to the officers of the financial-probe agency, Singh said, "On the day of my superannuation, I want to thank all the officers for working with great dedication and commitment in the crusade against corruption and money-laundering."

 

"I wish all the best to Sanjay Mishra, the new ED chief. I hope the Enforcement Directorate, under his leadership, soars to greater heights," he said.

Singh, a 1984 batch IPS officer of the Union Territories cadre, completed over three-year tenure as the ED Director.

He was appointed as full-time ED chief with a fixed tenure of two years on October 27, 2016, following a Supreme Court intervention.

Under Singh, the agency in the last three years attached moveable and immoveable properties worth Rs 36,000 crore. Before Singh, the ED in last 10 years had attached assets worth Rs 9,000 crore.

Earlier in the day, the Appointments Committee of the Cabinet (ACC) in an order said: "Entrustment of additional charge to the post of the Director, ED, to Mishra for a period of three months, or till the appointment of a regular incumbent, whichever is earlier."

The ACC also said that it has approved Mishra's appointment to the post of Principal Special Director of the financial probe agency.

Mishra is the second Principal Special Director, a newly-created post in the agency, which was first filled by a 1988 batch IRS officer Seemanchal Das.

The ED investigates in two major areas -- Prevention of Money Laundering Act (PMLA) and the Foreign Exchange Management Act (FEMA).

--IANS

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