Rahul Navin appointed ED director

New Delhi: Acting Enforcement Directorate (ED) chief Rahul Navin was on Wednesday appointed as the full-time director of the federal anti-money laundering agency.

An order issued by the Appointments Committee of the Cabinet (ACC) said the appointment of Navin, a 1993-batch Indian Revenue Service (IRS) officer of the Income Tax cadre, has been made "for a period of two years from the date of assumption of charge of the post, or until further orders, whichever is earlier".

Navin, 57, joined the ED in November, 2019 as a Special Director. He was appointed as the acting Director of the ED after the tenure of his predecessor Sanjay Kumar Mishra came to an end on September 15 last year.

An expert in international taxation matters, Navin's tenure as the ED head saw the high profile arrests of Delhi Chief Minister Arvind Kejriwal and Jharkhand Chief Minister Hemant Soren in separate money laundering cases.

The ED investigates financial crimes under two criminal laws -- the Prevention of Money Laundering Act (PMLA) and the Fugitive Economic Offenders Act (FEOA) -- apart from the civil provisions of the Foreign Exchange Management Act (FEMA).