Union Minister Pankaj Chaudhary said on Friday (May 1, 2026) that Prime Minister Narendra Modi "strengthened" and gave more powers to the Directorate of Enforcement (ED) to cure the "cancer" of money laundering, corporate fraud and corruption, not to target any entity as alleged by a certain "ecosystem" in the country.

Mr. Chaudhary, the Minister of State (MoS) for Finance, called the central agency the "nation's shield against financial crimes," stating that it has not only "lived up" to the trust successive governments reposed in it but has also set "new standards".