#WATCH | Delhi | Addressing the ED Day Celebration, ED Director Rahul Navin says, "In the financial year 2024-25. 775 new PMLA investigations were launched, 333 prosecution complaints were filed and notably 34 individuals were convicted. During this period, ED has issued 461 https://t.co/QMv4HfJMvi
Over 1,700 Money Laundering Cases In Trial Stage: Probe Agency ED https://t.co/f9V9s5ccgf https://t.co/JVasfcqfoT
ED returned assets worth over 30,000 crore rupees to the victims and the rightful owners under anti-money laundering law provisions last year: @mppchaudhary
The Enforcement Directorate (ED) has recently taken multiple actions across India as part of its ongoing efforts to combat money laundering and financial crimes. In Gujarat, the ED attached assets worth approximately Rs 6 crore linked to former IAS officer Pradeep Sharma under the Prevention of Money Laundering Act (PMLA). In Hyderabad, the ED's Zonal Office conducted search operations at five locations, including residences and farmhouses, related to an ongoing investigation into the alienation of government land for personal gains, seizing vintage cars and foreign currency. In Madhya Pradesh, the ED's Indore Sub-zonal Office searched 13 premises of liquor contractors, seizing Rs 7.44 crore in cash and freezing Rs 71 lakh in accounts; these contractors allegedly caused a loss of Rs 49.42 crore through forged treasury challans. In Odisha, the ED attached assets worth Rs 1,528 crore belonging to the Delhi-based Golden Land Group of Companies, including 1,000 acres of land spread across Odisha and Andhra Pradesh. Additionally, the ED attached 24 properties worth Rs 193.5 crore in a Goa land grab case. The ED Director Rahul Navin stated that in the financial year 2024-25, the agency launched 775 new PMLA investigations, filed 333 prosecution complaints, and secured 34 convictions. The ED also issued 461 summons during this period. The agency has over 1,700 money laundering cases currently in trial and returned assets worth over Rs 30,000 crore to victims and rightful owners under anti-money laundering laws last year.