Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » India
1-min read

So Far, 13 Convicted for Money-laundering in India, Centre Tells Parliament

Anurag Singh Thakur also said till October this year, a total of 694 prosecution complaints or chargesheets were filed before courts under the Prevention of Money Laundering Act (PMLA).

PTI

Updated:December 3, 2019, 5:59 PM IST
facebookTwitter Pocket whatsapp
So Far, 13 Convicted for Money-laundering in India, Centre Tells Parliament
Image for representation.(News18)

New Delhi: A total of 13 persons were convicted under the anti-money-laundering law, implemented about 14 years ago, the government informed Parliament on Tuesday.

Minister of State for Finance Anurag Singh Thakur, in a written reply to a question in the Rajya Sabha, also said till October this year, a total of 694 prosecution complaints or chargesheets were filed before courts under the Prevention of Money Laundering Act (PMLA).

"Trial is underway in these cases before the respective PMLA special courts. Till now, 13 persons have been convicted by PMLA special courts in 9 cases," he said.

The PMLA was enacted in 2002 and implemented from 2005 in order to check serious crimes of tax evasion and generation of black money that led to the crime of money-laundering and terror-financing.

The minister also informed the House that a total of 757 criminal cases were registered by the Enforcement Directorate (ED) in the last five years (from 2015 to October 31 this year) under the PMLA.

In 2019-20 (till October this year), 103 PMLA FIRs were filed by the ED as compared to 195 in 2018-19, 148 in 2017-18, 200 in 2016-17 and 111 in 2015-16, he said.

"66 courts have been designated as PMLA special courts across the country," Thakur added.

"Appropriate steps such as augmentation of manpower and other resources and streamlining of investigation process etc. have been taken to ensure faster disposal of investigation in PMLA cases," the minister said.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Next Story
Next Story

facebookTwitter Pocket whatsapp

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results
Listen to the latest songs, only on JioSaavn.com