New Delhi
The Rajya Sabha was informed on Thursday that the Enforcement Directorate (ED) has seized proceeds of crime totaling Rs 69,045.89 crore under the Prevention of Money Laundering Act, 2002 (PMLA). Responding to a member’s query about the recovery of assets from economic offenders and fugitives over the past four years, Union Minister of State for Personnel, Public Grievances, and Pensions, Jitendra Singh, provided the information in a written reply.
According to Singh, the mentioned amount of Rs 69,045.89 crore was attached during the period from April 1, 2019, to March 31, 2023. Additionally, he stated that between January 1, 2014, and October 31, 2023, the Enforcement Directorate seized Rs 1,16,792 crore and confiscated assets worth Rs 16,637.21 crore under the PMLA. Moreover, assets totaling Rs 16,740.15 crore have been attached under the Fugitive Economic Offenders Act, 2018, and assets amounting to Rs 15,038.35 crore have been confiscated under the same act. Minister Singh also highlighted that from January 1, 2019, to the present, the Enforcement Directorate successfully extradited four individuals to India, with extradition orders for three more individuals issued by competent courts.
