ED chief’s term draws to an end



The tenure of Director of the Enforcement Directorate Karnal Singh, who has held the post for about three years and supervised investigations in several important cases of corruption and bank fraud, ends on Sunday. The government is likely to take a call on the next chief on Saturday.

During Mr. Singh’s tenure, the agency has pursued high profile cases involving Vijay Mallya, Punjab National Bank fraudulent LoUs, Panama Papers, AgustaWestland, Sterling Biotech, Coal Block allocations, the PACL scam, NSEL case, Saradha and Rose Valley chit-fund scams, Srijan scam and a large number of bank frauds and demonetisation-related money laundering cases.