ED: Property connected in cash laundering circumstances rose 23-fold between 2005-14 and 2014-24 | India Information
2 min learnNew DelhiMight 2, 2026 05:17 AM IST
The ED has despatched 353 Mutual Authorized Help Requests (MLARs) or Letters Rogatory (LRs) to overseas jurisdictions to hunt proof, hint cash trails and pursue extradition-related help in circumstances involving fugitive financial offenders. The highest six locations have been the United Arab Emirates (69), Singapore (55), the UK (39), Hong Kong (36), america (26) and Switzerland (23).
The ED’s annual report, launched on Friday, states that these formal requests facilitate worldwide cooperation, together with gathering proof admissible in judicial proceedings, tracing cash trails, and inspecting suspects, accused individuals or witnesses overseas. The report comes because the company marks the seventieth yr since its institution on Might 1, 1956. “The quantity of LRs and MLARs sought by the ED has grown significantly in recent times. Until March 31 this yr, 353 such requests stay pending,” the report famous.
Of the overall pending requests despatched by the ED, 15 have been despatched to Mauritius, eight to Australia, six every to China and the Isle of Man, 5 to the British Virgin Islands, and 65 to different international locations.
The report additionally mentioned the ED had acquired 246 related requests from different international locations by March 31. Of those, 79 got here from the UK, 33 from Singapore, 32 from the US, seven from France, six from Australia and 89 from different international locations. Solely 19 of the requests acquired by the company remained unexecuted.
ED Director Rahul Navin mentioned attachments beneath the Prevention of Cash Laundering Act (PMLA) have risen sharply over time. Within the first decade after the regulation got here into drive, from 2005 to 2014, complete attachments stood at Rs 5,171.32 crore, averaging about Rs 574.6 crore yearly. Within the following decade, from 2014 to 2024, this rose to Rs 1,19,386.25 crore.
“In 2024-25, the ED connected properties price Rs 30,036.41 crore, whereas in 2025-26 the determine rose to Rs 81,422.63 crore. Attachments in a single monetary yr are actually greater than fifteen instances the cumulative complete of the Act’s first decade,” Navin mentioned.
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