ED registered more than 5,200 money-laundering cases since 2014: Govt
More than 5,200 money-laundering cases have been registered by the Enforcement Directorate (ED), with convictions obtained in 40 and acquittal in three since 2014, the government informed Parliament on Tuesday.
The data was provided by Minister of State for Home Nityanand Rai in a written reply to a question in the Lok Sabha.
A total of 5,297 cases were lodged under the Prevention of Money Laundering Act (PMLA) by the ED between 2014 and 2024, the data said.
It said 40 cases resulted in conviction during the said period.
However, one case resulted in acquittal during this year while two cases led to acquittals in 2017, the data shared by the minister showed.
A total of 375 accused are currently under arrest under the anti-money laundering law for the period between 2016 and 2024, he stated.
Rai also provided similar data for cases registered under the Unlawful Activities (Prevention) Act (UAPA), apart from acquittals and convictions under the anti-terror law between 2014 and 2022