New Delhi, Feb. 23 -- Enforcement Directorate (ED) chief Rahul Navin has asked all units of the federal financial crimes probe agency to exercise "caution, fairness and accountability" while conducting money-laundering investigations, stressing the judicious use of the wide statutory powers available to officers. The top officer directed ED personnel to ensure that summons and other statutory notices are issued "judiciously", based on "clear necessity and proper application of mind". The directions were issued during the three-day 34th quarterly conference of zonal officers of the ED, held from February 19-21 in Guwahati. The meeting was chaired by Navin and attended by all senior officers, including special directors, joint directors, additional directors and deputy directors. "Discussions stressed that the focus must be on meaningful achievement of targets, logical conclusion of investigations, timely filing of prosecution complaints, and ensuring that attachments and penalties are legally sustainable and effectively realised," the ED said in a statement. Underlining that it has set a target of filing 500 prosecution complaints in the current financial year, the ED said, "all field formations were urged to make concerted efforts to achieve the same, while also preparing for an enhanced target in the next financial year". "The need for this enhanced target is to proactively conclude long-pending investigations and to systematically reduce the life-cycle of new investigations to a reasonable time-frame of one to two years, except in exceptionally complex cases," the probe agency added. According to the ED statement, "all zonal heads were directed to intensify efforts in tracing and securing proceeds of crime parked abroad, particularly in jurisdictions such as Dubai and Singapore"....