ED not obligated to provide "reasons to believe" u/s 17(1) PMLA to appellant. AT dismissed appeal,...

The Enforcement Directorate (ED) is not required to provide "reasons to believe" under Section 17(1) of the Prevention of Money Laundering Act (PMLA) to the appellant. The Appellate Tribunal dismissed the appeal, agreeing with the Adjudicating Authority's decision to deny the appellant a copy of the reasons. These reasons are kept in a sealed cover for the Authority's review alongside other materials to determine the issuance of a show cause notice, with no obligation to supply them to the appellant. .....

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