NEW DELHI: Expressing concern about the long term impact of the Supreme Court verdict upholding the constitutional validity of the Prevention of Money Laundering Act (PMLA), Seventeen Opposition political parties have sought a review of the order.
The Supreme Court last week had upheld the provisions relating to the Enforcement Directorate’s powers of arrest, attachment, search and seizure, saying that “the principle of innocence of the accused/offender is regarded as a human right” but “that presumption can be interdicted by a law made by the Parliament/Legislature”,
The Opposition leaders said in a joint statement said that the judgment will strengthen the hands of a government that “indulges in political vendetta” to target its opponents and expressed hope that this “dangerous verdict will be short-lived”.
17 Opposition parties, including TMC & AAP, plus one independent Rajya Sabha MP, have signed a joint statement expressing deep apprehensions on long-term implications of the recent Supreme Court judgement upholding amendments to PMLA,2002 and called for its review. The statement: pic.twitter.com/vmhtxRHAnl— Jairam Ramesh (@Jairam_Ramesh) August 3, 2022
“We place on record our deep apprehension on the long-term implications of the recent Supreme Court judgement upholding, in entirety, the amendments to the Prevention of Money Laundering Act, 2002, without examining whether some of these amendments could have been enacted by way of Finance Act,” they said in the statement.
They further said that they “were also very disappointed that the highest judicial authority, invited to give an independent verdict on the lack of checks and balances in the Act, has virtually reproduced arguments given by the executive in support of draconian amendments”, and added that they hope that the dangerous verdict will be short lived and constitutional provisions will prevail soon.
Congress senior leader Jairam Ramesh tweeted “17 Opposition parties, including TMC & AAP, plus one independent Rajya Sabha MP, have signed a joint statement expressing deep apprehensions on long-term implications of the recent Supreme Court judgement upholding amendments to PMLA,2002 and called for its review.”
Among the parties that have signed the joint statement are the Congress, the TMC, DMK, AAP, NCP, Shiv Sena, CPI-M, CPI, IUML, RSP, MDMK, RJD and RLD.