So far, Rs 18,000 crore has been recovered from businessmen Vijay Mallya, Nirav Modi, and Mehul Choksi, who fled the country after committing bank fraud of thousands of crores. The Central Government gave this information to the Supreme Court on Wednesday. 67,000 crore cases are pending in the Supreme Court related to the Prevention of Money Laundering Act (PMLA). A bench of Justice AM Khanwilkar, Justice Dinesh Maheshwari, and CT Ravi Kumar is hearing the matter.
The Supreme Court is hearing petitions challenging the wide range of powers available to the Enforcement Directorate (ED) for seizure, investigation, and attachment under the PMLA. Several senior lawyers, including Kapil Sibal, Abhishek Manu Singhvi, and Mukul Rohatgi, have argued before the SC on various aspects related to the possible misuse of the recent PMLA amendments.
Only 313 arrested since 2002
Solicitor General Tushar Mehta, representing the central government in the Supreme Court, said that as of date, the Enforcement Directorate is probing 4,700 cases. Only 313 people have been arrested in these crimes since the PMLA came into force in 2002.
33 lakh FIRs, but investigation of only 2,086 cases
Tushar Mehta said that during the last five years (2016-17 to 2020-21) 33 lakh FIRs were registered for such offenses but only 2,086 cases were taken up for investigation under PMLA. However, it is very less as compared to other countries. 7900 in Britain, 1532 in America, 4691 in China, 1036 in Austria, 1823 in Hong Kong, 1862 in Belgium, and 2764 in Russia have been registered annually under the Money Laundering Act.
Discount is available on Redmi Note 11, the phone has a 5000mAh battery with a stunning camera
Redmi Note 11 Discount Offer: Redmi (Redmi) is getting a great discount on the Redmi Note 11 smartphone. Today is the last day of the Great Freedom Festival Sale running on Amazon. There are good
On Army Day, the Army Chief boosted the morale of the soldiers and said - we are ready to face any challenge.
Army Chief General Upendra Dwivedi has said that the Indian Army has prepared a framework for the decade of change to face the challenges of the future. The objective of this change is to increase the
NCPCR: Harassment of children for applying Rakhi, Tilak, and Mehndi in schools is unacceptable, Commission seeks report from states
Terming physical and mental pressure on children, discrimination, and harassment in the name of special events in schools on the occasion of festivals as corporal punishment, the National Commission
Navkar Mahamantra: PM Modi chanted Navkar Mahamantra; said- India will touch new heights, but will not be cut off from its roots
Prime Minister Narendra Modi attended the 'Navkar Mahamantra Diwas' program at Vigyan Bhavan in New Delhi. PM Modi chanted the 'Navkar Mahamantra' along with others at the 'Navkar Mahamantra Diwas'
The audio leak of Macron-Putin conversation: Tired of the French President's questions, Putin said - I am in the gym, then I will play ice hockey
The war between Russia and Ukraine started on 24 February. Earlier, many world leaders were trying to persuade Russian President Vladimir Putin to stop it. On February 20, French President Emmanuel
Police-accused charges against each other in PUBG murder: Police theory under suspicion from five points, suspense remains in the name of the murderer
The screw has deepened regarding the name of the murderer in the PUBG murder case of Lucknow. The police earlier said that the accused son, who killed the mother, had confessed to his crime. Now the
Muhammad Yunus: 'Northeast is an integral part of India', former ambassador reprimands Muhammad Yunus for his absurd statement
Former Indian High Commissioner to Bangladesh Veena Sikri has slammed Bangladesh Chief Advisor Muhammad Yunus. She strongly condemned Yunus' statement in which he made the absurd claim that Bangladesh
IND vs SA Playing-11: Today is a 'do or die' match for India, if they lose then they will be defeated. Will lose the series against Africa after eight years
The Indian team's dominance over South Africa in T20 for the last five years is in danger. It is necessary to win the third and final match on Thursday against the Indian team, which is 0-1 down after
Fateh Teaser Out: 'Keep your character honest till the end...', 'Fateh's amazing teaser released, you will be stunned to see Sonu Sood's fierce avatar
The most awaited teaser of Sonu Sood's film 'Fateh' has finally been released. The teaser of the film is very powerful, along with this the actor-director has come to blow the senses of the audience
'Azadi March' to resume in Pakistan today, Imran Khan appeals to people to join in large numbers
After the deadly attack on former Prime Minister of Pakistan Imran Khan, Azadi March is being started once again from Thursday. Imran Khan has urged the people of Pakistan to join this march in
