ED confirms alleged offence in CMRL-Exalogic case warrants state police probe
The Enforcement Directorate has affirmed that an alleged offence uncovered during its probe under the Prevention of Money Laundering Act warrants investigation by state police. The court noted that both the ED and the petitioner agreed that a preliminary inquiry was unnecessary before registering an FIR to investigate the suspected predicate offence.
The ED's position aligns with the view that offences identified through PMLA investigations can proceed directly to formal police action without preliminary procedural steps. The court's observation reinforces this position, clearing the path for state police involvement in investigating the matter identified during the ED's inquiry.
