ED searches increased by 86 times under Modi government compared to UPA decade: Report

Between 2014 and 2024, the Enforcement Directorate registered 5,155 cases under the Prevention of Money Laundering Act, securing convictions in only 36 of them.

ED searches increased by 86 times under Modi government compared to UPA decade: Report

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Raids by the Enforcement Directorate increased by 86 times between 2014 and 2024 – under the Modi government –as compared to the preceding decade when the Congress-led United Progressive Alliance was in power, an analysis of official data by PTI found.

Arrests and the attachment of assets by the central agency rose by 25 times in the past decade compared to the period between 2004 and 2014, according to the analysis.

The central agency conducted 7,264 raids in money-laundering cases since the Bharatiya Janata Party came to power in 2014. Under the United Progressive Alliance governments that were in power from 2004 to 2014, the agency conducted only 84 raids, PTI reported.

Under the BJP-led Union government, the Enforcement Directorate arrested 755 persons and attached assets worth Rs 1,21,618 crore, PTI reported. Under the earlier Congress-led governments, it had arrested 29 people and attached assets worth Rs 5,086.4 crore, according to the analysis by the news agency.

The central agency registered as many as 5,155 cases under the Prevention of Money Laundering Act in the last ten years as compared to the 1,797 cases filed in the previous decade. It secured its first conviction in 2014 and has since secured conviction orders in 36 cases, leading to the prosecution of...

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