Categories: Appointments

ED Director SK Mishra’s tenure extended by one year

The Union government has extended the tenure of Enforcement Directorate (ED) Director Sanjay Kumar Mishra by a year after modifying his appointment order that was issued in 2018. His tenure was to end next week as the ED director’s post comes with a fixed term of two years.

As per an order issued by the Department of Revenue under the Union finance ministry on Friday, the 2018 order for appointment of Mishra has been modified. “The President of India is pleased to approve the modification in the earlier order dated November 19, 2018, appointing Shri Sanjay Kumar Mishra as director of enforcement in the Enforcement Directorate.

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Enforcement Directorate (ED):

The ED is a central investigative agency that enforces two central laws, the Prevention of Money Laundering Act (PMLA) and the Foreign Exchange Management Act (FEMA). These laws were enacted to curb money laundering, terror financing, black money and hawala or illegal financial transactions that have cross-border ramifications.

Important takeaways for all competitive exams:

Enforcement Directorate Founded: 1 May 1956.
Enforcement Directorate Headquarters: New Delhi, India.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.