Prevention of Money-laundering Act 2002 Current Affairs - 2020

Vijay Mallya declared as Fugitive Economic Offender

The  Prevention of Money Laundering (PMLA) court in Mumbai has declared Vijay Mallya as a Fugitive Economic Offender. Vijay Mallya is the first businessman to be charged under the new fugitive economic offender’s act 2018. Declaration of the Fugitive Economic Offender Vijay Mallya is declared as the Fugitive Economic Offender under the following provisions: According to Read More…

Aadhaar amendment Bill introduced in Lok Sabha

The government has introduced the Aadhaar amendment bill in Loksabha. The bill aims to provide legal backing for voluntary seeding of biometric Aadhaar ID for mobile SIM card and bank account authentication purposes. Features of the Bill The important features of the Aadhaar and Other Laws (Amendment) Bill 2018 are: The bill seeks to amend Read More…