84.61% of total defrauded funds attached/seized under PMLA and Fugitive Economic Offenders Act: Union Minister

Union MoS for Finance Shri Pankaj Chaudhary in a written reply to a question in Rajya Sabha today stated that assets worth Rs. 19,111.20 crore have has been attached under the PMLA as on 15.03.2022. Out of which, assets worth Rs. 15,113.91crores have been restituted to the Public Sector Banks. The Minister further stated that 84.61% of total defrauded funds in these cases have been attached and 66.91% of a total loss to the banks has been handed over to banks/Confiscated to Govt.Union MoS for Finance Shri Pankaj Chaudhary in a written reply to a question in Rajya Sabha today stated that assets worth Rs. 19,111.20 crore have has been attached under the PMLA as on 15.03.2022. Out of which, assets worth Rs. 15,113.91crores have been restituted to the Public Sector Banks. The Minister further stated that 84.61% of total defrauded funds in these cases have been attached and 66.91% of a total loss to the banks has been handed over to banks/Confiscated to Govt.taxmann.com Latest Statutory HappeningsRead More

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