2022 ഓഗസ്റ്റ് 2, ചൊവ്വാഴ്ച

Opposition likely to move review petition against PMLA verdict. It’s a collective decision, says CPI(M)’s Sitaram Yechury

Sitaram Yechury 

Special Correspondent New Delhi

The Opposition has collectively decided to move a review petition in the Supreme Court against its recent verdict upholding the amendments to the Prevention of Money Laundering Act (PMLA). The Opposition’s demand will be to nullify the amendments to the Act made in 2019 through the money Bill route.

Briefing reporters after the two-day Central Commitee meeting of the CPI(M) here on Monday, general secretary Sitaram Yechury said the Opposition parties would jointly take up the issue with the Supreme Court. “It is a collective decision by the Opposition,” he said.

A joint statement of the Opposition on the matter is expected on Tuesday.

The CPI(M) leader said the ED and the CBI were increasingly functioning as a political arm of the Modi government in destabilising the democratically elected State governments and targeting Opposition leaders.

“The recent judgment of the Supreme Court Bench headed by a judge who retired shortly thereafter, upheld all the 2019 amendments to the PMLA lethally arming the ED further. This is a grievous assault on democracy,” he added. He said the Modi government was carrying out unprecedented assaults on Parliament with its refusal to discuss any substantial motion on burning people’s issues like price rise and unemployment.

He also condemned the manner in which activist Teesta Setalvad was arrested. “This was facilitated by a SC verdict by a Bench headed, again, by the same judge,” Mr. Yechury said.

He said the Centre should tax the super rich to address the economic situation of the country.

He said the listed companies in Bombay Stock Exchange made huge profits of about ₹7 lakh crore during the pandemic, which was the highest in a decade. 

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