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New Delhi: The Karnataka high court has said that the Enforcement Directorate (ED) is not a super cop to investigate anything and everything which comes into its notice. In a significant ruling it has said that once a predicate offence is dismissed for any reason, proceedings under the Prevention of Money Laundering Act (PMLA) cannot continue. 

The court also held that ED does not have powers under the PMLA to file a private complaint before the magistrate court seeking investigation against persons suspected to be involved in a scheduled offence, when information shared by it with the local police/authorities is not acted upon, reports LiveLaw.

In an order, quashing proceedings regarding money laundering against Congress leader K.Y. Nanje Gowda and others, it directed ED to return the seized articles to the petitioner.........

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