Bengaluru, July 21 -- The Madras high court, in a sharp rebuke to the Enforcement Directorate (ED), has said the agency cannot act as a "super cop" or a "loitering munition or drone" to attack any matter and investigate it at will. Emphasising that the central agency's powers are conditional, the bench of justices MS Ramesh and V Lakshminarayanan reiterated that the agency can initiate action only when there is a predicate offence under the scheduled laws of the Prevention of Money Laundering Act (PMLA), and only if there exist identifiable "proceeds of crime" linked to such an offence. "The ED is not a super cop to investigate anything and everything which comes to its notice. There should be a 'criminal activity' which attracts the schedu...