Topic: PMLA
Of 354 arrests in ED cases, only 32 convicted in last five years: Data
Out of 354 arrests made under the Prevention of Money Laundering Act, only 32 accused persons have been convicted in the last five years, the Union government told Parliament on Tuesday.
“They want to arrest me before polls”: DK Shivakumar approaches Delhi HC against PMLA probe
The Delhi High Court on Wednesday issued a notice to Enforcement Directorate (ED) in a plea moved by Karnataka Congress unit president DK Shivakumar challenging the probe initiated by ED against him in a PMLA case.
17 Oppn parties term SC’s PMLA ruling “dangerous”
At least 17 Opposition parties have expressed concerns about the longterm impact of the Supreme Court verdict upholding the constitutional validity of the Prevention of Money Laundering Act (PMLA), and sought a review of the order.
Kapil Sibal calls SC judgement on PMLA ‘flawed’
Rajya Sabha MP and senior lawyer Kapil Sibal on Monday said the Enforcement Directorate's powers and reach of investigation, endorsed by a "clearly flawed" Supreme Court judgement, will be misused to topple elected governments and "destroy" India's federal structure.
Only 23 persons convicted by ED in 5,422 money laundering cases in 17 years: Data
The Enforcement Directorate has convicted only 23 persons in 5,422 cases registered under the Prevention of Money Laundering Act since PMLA came into force 17 years ago, the Union government told the Lok Sabha on Monday.
