The Union Government has informed the Parliament that out of 911 prosecution complaints filed in cases registered by the Enforcement Directorate (“ED”) for offence of Money Laundering during the last five years between 01.01.2019 to 31.10.2024, trials were completed in 654 cases and it was able to secure a conviction in 42 cases. i.e., 6.42% conviction rate. The Union Minister of State...
