HomeNationED Attaches Rs 69,000 Crore in Crime-Linked Properties, Extradites Four Fugitives in...

ED Attaches Rs 69,000 Crore in Crime-Linked Properties, Extradites Four Fugitives in Four Years

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In a significant disclosure made during a parliamentary session on Thursday, the Union government unveiled startling revelations regarding the Enforcement Directorate’s (ED) crackdown on money laundering activities. Minister of State for the Ministry of Personnel, Public Grievances, and Pensions, Jitendra Singh, informed the Rajya Sabha in a written reply that the ED had successfully attached properties linked to various crimes, amounting to a staggering ₹69,045.89 crore over the past four years under the Prevention of Money Laundering Act, 2002 (PMLA).

Responding to queries posed by Bharatiya Janata Party (BJP) lawmaker Sushil Kumar Modi, Singh elaborated on the ED’s relentless pursuit of economic offenders and fugitives. The lawmaker had sought comprehensive insights into the total assets recovered from these individuals during the last four years.

Additionally, Singh revealed that since January 1, 2019, the ED had achieved the extradition of four fugitives to India, marking a significant milestone in their efforts to bring perpetrators of financial crimes to justice.

The data shared by the government minister sheds light on the robust enforcement actions undertaken by the ED, reflecting the agency’s concerted efforts to combat money laundering and financial offenses. Furthermore, the revelation underscores the government’s commitment to pursuing economic offenders and fugitives through international cooperation and stringent legal measures, aiming to curtail illicit financial activities plaguing the country.

Also Read: Supreme Court Ruling: Financial Instruments’ Ownership to Pass via Legal Means, Not Nomination

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