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The Supreme Court’s decision upholding the amendment to the Prevention of Money Laundering Act (PMLA) is opposed by 17 opposition parties, including TMC and Aam Aadmi Party. These 17 parties expressed concern on Wednesday about the long-term impact of the Supreme Court’s decision upholding the amendments to the Act. The opposition has called it “dangerous” while calling for a review. These parties also issued a joint statement in this regard.
The opposition described the court’s decision as dangerous
In a joint statement, opposition party leaders said the Supreme Court decision would strengthen the hands of a government that is “indulging in political vendetta” to target its opponents. In this statement, the opposition has expressed the hope that this “dangerous decision will be short-lived” and that the constitutional provisions will be applied.
The leaders said in a statement that we express our deep concern over the far-reaching impact of the recent Supreme Court order in which the Supreme Court has fully upheld the amendments made to the Prevention of Money Laundering Act, 2002. And he didn’t investigate. that some of these amendments were made through the Finance Bill.
The parties said they have always respected the Supreme Court and will continue to do so. The leaders also took a swipe at the BJP, saying these far-reaching amendments have strengthened the hands of a government that is indulging in political vendetta of the worst kind. We are also deeply disappointed that the Supreme Judicial Authority invited to deliver an independent verdict on the lack of checks and balances in the Act has reassessed the executive’s arguments in support of the drastic amendments, said opposition leaders in its whole statement submitted. We hope that this dangerous decision will be short-lived and that the constitutional provisions will come into force soon.
These parties have signed
The parties that have signed this joint statement include Congress, TMC, DMK, AAP, NCP, Shiv Sena, CPI(M), CPI, IUML, RSP, MDMK, RJD and RLD.
Earlier, Congress leader Jairam Ramesh shared a joint statement on Twitter, saying that 17 opposition parties, including TMC and AAP, as well as an independent Rajya Sabha MP, have signed a joint statement. He expresses deep apprehension about the long-term impact of the recent Supreme Court ruling. These leaders demanded amendment and revision of PMLA, 2002.
On July 27, the Supreme Court had issued its verdict on the petitions of the opposition parties challenging the process of arrest, seizure and investigation carried out by the Enforcement Directorate under the Prevention of Money Laundering Act of Capitals (PMLA). The court in its judgment had confirmed the modifications introduced in this law.