The Enforcement Directorate became more active in 2024-25, attaching over Rs 30,000 crore of property as proceeds of crime under the Prevention of Money Laundering Act, compared with Rs 12,477 crore in 2023-24, according to data released by the agency.
The amount of attachment by the investigation agency reached its highest level ever, with a near 2.5-fold time increase over the previous year, as the agency investigated 461 cases.
Of these 461 cases, 329 were confirmed by the adjudicating authority with assets worth Rs 20,189 crore.
In 2023-24, of the 321 cases, 251 were confirmed by the adjudicating authority allowing for confiscation of Rs 10,000 crore in assets.
In 2019-20, the agency had attached Rs 28,827 crore, of which Rs 8,351 crore was confirmed.
Over the last decade, Rs 1.55 lakh crore worth of products have been attached of which Rs 1.07 lakh crore.
“The apparent gap between the total value of proceeds of crime (PoC) attached by the Directorate of Enforcement (₹1,54,594 crore) and the value confirmed by the Adjudicating Authority (₹1,06,730 crore) is primarily attributable to legal impediments currently under judicial consideration,” the ED noted.
Under Foreign Exchange Management Act, penalties worth Rs 5,238 crore were levied in 2024-25.
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