Too much power? | Enforcement Directorate’s unfettered powers causing concerns for India Inc.

Read the expert views of our  Partner Ketan Mukhija on Enforcement Directorate’s unfettered powers causing concerns for India Inc. published by India Business Law Journal

“Once the cash has been moved to its destination and used for intended purposes, it will eventually enter the legitimate financial system.” It can then be recycled through financial institutions and obscure the audit trail through the strategic layering of financial transactions and fraudulent bookkeeping.“

Read more here.