NEW DELHI, July 25:
Government today said the Enforcement Directorate (ED) has registered 15 cases under anti-money laundering laws in the last four years to probe terror financing instances.
“During last three years and current year, Enforcement Directorate has registered 15 cases under Prevention of Money Laundering Act (PMLA) based on predicate offences relating to financing terrorism.
“ED takes action under PMLA in suitable cases including the cases based on predicate offences relating to financing terrorism. Such action may result in attachment of property derived from, or involved in, money laundering leading to subsequent confiscation,” Minister of State for Finance Nirmala Sitharaman said in a written reply to Lok Sabha. (PTI)
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