Business Desk, AnyTV, New Delhi
Published by: Deepak Chaturvedi
Updated Thu, 24 Feb 2022 08:06 PM IST
Summary
Assets worth Rs 19,111.20 crore have been attached so far in the fraud case totaling Rs 22,585.83 crore by three fugitive criminals Vijay Mallya, Nirav Modi and Mehul Choksi. This information was presented by Solicitor General Tushar Mehta on behalf of the Centre. Along with this, the Center said that 4,850 cases have been investigated under the Prevention of Money Laundering Act (PMLA) in the last 17 years.
The Central Government was informed in the Supreme Court on Thursday that due to the timely attachment of the amount of crime, the total fraud of Rs 22,585.83 crore by three fugitive criminals Vijay Mallya, Nirav Modi and Mehul Choksi has so far held assets worth Rs 19,111.20 crore. has been attached. This information was presented by Solicitor General Tushar Mehta on behalf of the Centre. Along with this, the Center said that 4,850 cases have been investigated under the Prevention of Money Laundering Act (PMLA) in the last 17 years.
Identification of assets worth Rs 98,368 crore
The Supreme Court was told that 4,850 cases under PMLA have been investigated. In this, properties worth Rs 98,368 crore of crime were identified and seized under legal provision. The government told a bench headed by Justice AM Khanwilkar that these offenses were investigated under the PMLA, including 2,883 search operations. Significantly, the Supreme Court was hearing arguments on several petitions filed related to the interpretation of certain provisions of the PMLA. Mehta said that since the implementation of PMLA, 313 people have been arrested for alleged crimes.
2,883 searches were conducted under PMLA
The government appointed Justice A.M. Khanwilkar that these offenses were investigated under the PMLA, which included 2,883 searches. Explain that the Supreme Court is hearing arguments on several petitions related to the interpretation of certain provisions of PMLA. Solicitor General Tushar Mehta, appearing for the Centre, told the bench that in the investigation of 57 cases of terrorism and Naxal financing, an amount of Rs 1,249 crore of crime has been identified and Rs 982 crore of crime i.e. 256 properties have been attached. Gaya and registration of 37 prosecution complaints and conviction of two terrorists under PMLA.
Expansion
The Central Government was informed in the Supreme Court on Thursday that due to the timely attachment of the amount of crime, the total fraud of Rs 22,585.83 crore by three fugitive criminals Vijay Mallya, Nirav Modi and Mehul Choksi has so far held assets worth Rs 19,111.20 crore. has been attached. This information was presented by Solicitor General Tushar Mehta on behalf of the Centre. Along with this, the Center said that 4,850 cases have been investigated under the Prevention of Money Laundering Act (PMLA) in the last 17 years.
Identification of assets worth Rs 98,368 crore
The Supreme Court was told that 4,850 cases under PMLA have been investigated. In this, properties worth Rs 98,368 crore of crime were identified and seized under legal provision. The government told a bench headed by Justice AM Khanwilkar that these offenses were investigated under the PMLA, including 2,883 search operations. Significantly, the Supreme Court was hearing arguments on several petitions filed related to the interpretation of certain provisions of the PMLA. Mehta said that since the implementation of PMLA, 313 people have been arrested for alleged crimes.
2,883 searches were conducted under PMLA
The government appointed Justice A.M. Khanwilkar that these offenses were investigated under the PMLA, which included 2,883 searches. Explain that the Supreme Court is hearing arguments on several petitions related to the interpretation of certain provisions of PMLA. Solicitor General Tushar Mehta, appearing for the Centre, told the bench that in the investigation of 57 cases of terrorism and Naxal financing, an amount of Rs 1,249 crore of crime has been identified and Rs 982 crore of crime i.e. 256 properties have been attached. Gaya and registration of 37 prosecution complaints and conviction of two terrorists under PMLA.