Whether A Statement Made Before Enforcement Directorate (PMLA) Is Binding On The Accused Without Proof/As Admission?

Article by Vijay Pal Dalmia, Advocate
Supreme Court of India & High Court
Mobile: +91 9810081079 Email: [email protected]
and
Maryam Quadri
LL.B. 3rd Year (3 Year Course), Faculty of Law, Delhi University, India
[email protected]

Under PMLA, a person is required to give truthful statement if such person is summoned by the Director.

• This power to the director is given under section 50(2) of PMLA which provides that Director (or additional director, joint director, deputy director or assistant director) has the power to summon any person whose attendance he considers necessary whether to give evidence or to produce any records during the course of any investigation or proceeding. All such summoned persons are bound to state the truth or make statements, and produce such documents as may be required (Section 50(3) of PMLA).