Centre appoints Vinodanand Jha as new Chairperson of PMLA Adjudicating Authority

Vinodanand Jha (IRS) was appointed as a Member from the field of Finance/Accountancy in the Adjudicating Authority under Prevention of Money Laundering Act 2002. Currently, he serves as Chief Commissioner, Income Tax. Mr. Jha is a 1983-batch retired IRS officer, who was serving as the Principal Chief Commissioner of Income Tax in Pune before this.

The PMLA Adjudicating Authority is a three-member body whose mandated is to adjudicate the cases of attachment of assets orders issued under the Prevention of Money Laundering Act (PMLA) and order for its continuity and further confiscation or release, considering the merits of the investigation.