Centre appoints Vinodanand Jha as new Chairperson of PMLA Adjudicating Authority

Centre appoints Vinodanand Jha as new Chairperson of PMLA Adjudicating Authority

  • Vinodanand Jha has been appointed as the Chairperson of the Prevention of Money Laundering Act (PMLA) Adjudicating Authority, for a period of 5 years.
  • Mr. Jha is a 1983-batch retired IRS officer, who was serving as the Principal Chief Commissioner of Income Tax in Pune before this.
  • The PMLA Adjudicating Authority is a three-member body whose mandated is to adjudicate the cases of attachment of assets orders issued under the Prevention of Money Laundering Act (PMLA) and order for its continuity and further confiscation or release, considering the merits of the investigation.

Points to Remember:

  1. Who is the Chairperson of Prevention of Money Laundering Act (PMLA) Adjudicating Authority?
  2. How many members are there on Prevention of Money Laundering Act (PMLA) Adjudicating Authority? 3

Source: The Hindu

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