Centre curtails tenure of ED particular director Satyabrata Kumar

Kumar, a 2004 batch officer of the Indian Revenue Service (Customs and Indirect Taxes), was shifted as Special Director of Enforcement (SDE) of ED’s japanese area in Kolkata in September 2024 and was beforehand based mostly in Mumbai.

“The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Revenue for curtailment of deputation tenure of Satyabrata Kumar, IRS(C&IT:2004), Special Director of Enforcement, Directorate of Enforcement and his consequent repatriation to his parent cadre with immediate effect,” the ACC order, issued on May 30 mentioned.

Kumar joined ED in 2013 as its joint director in Mumbai and dealt with excessive profile circumstances whereas heading the Mumbai’s models. He was given an extension in 2022 to serve within the federal company until October 2026.

Officials mentioned it was possible that Kumar was being introduced again to his dad or mum cadre for an essential task in view of his investigation expertise and track-record in dealing with complicated financial offences.

Some of the excessive profile circumstances investigated by ED underneath his supervision embrace ₹12,500-crore Punjab National Bank (PNB) case involving accused fugitive diamantaires Nirav Modi and Mehul Choksi; the alleged ₹9,200 -crore financial institution mortgage circumstances involving fugitive liquor baron Vijay Mallya’s defunct airline agency, Kingfisher Airlines Limited; alleged terror-financing circumstances in opposition to the deceased narcotics trafficker, Memon Iqbal Mohammed or Iqbal Mirchi; PMLA case in opposition to Yes Bank founder Rana Kapoor, who’s an accused within the Yes Bank-Dewan Housing Finance Corporation Limited (DHFL) transactions; and the company’s PMLA probe associated to the USD 1 million-plus Mahadev Online Book (MOB) unlawful on-line betting/gaming circumstances.