The Supreme Court is looking into allegations of metamorphosis of an anti-money laundering law, brought to sniff out drug money, into a potent weapon to raid rivals and deny rights.
A three-judge Bench led by Justice A.M. Khanwilkar is holding back-to-back hearings on petitions filed by people from all walks of life and across the country complaining of the alleged subversion of the Prevention of Money Laundering Act (PMLA) by the government and the Enforcement Directorate (ED).
Lawyers, including senior advocate Kapil Sibal for Karti Chidambaram, allege that PMLA is pulled into the investigation of even “ordinary” crimes.