criminal proceeds
FATF Recognizes India's ED as Model Agency for Exceptional Asset Recovery Framework
Nov 05, 2025 03:29 pm CST
The Financial Action Task Force (FATF) has praised India's asset recovery system, highlighting the Enforcement Directorate as a "model agency" in its recent report. India's framework for identifying, attaching, and repurposing criminal proceeds is considered one of the most effective among member countries, featuring strong legislative mechanisms, technological integration, and inter-agency coordination that enables swift action against financial crimes.
Delhi High Court Rules ED Can Attach Appreciated Share Value Linked to Criminal Proceeds Under PMLA
Nov 04, 2025 01:07 am CST
The Delhi High Court has ruled that the Enforcement Directorate can attach any appreciation in share or asset value derived from criminal proceeds under the Prevention of Money Laundering Act, even if the increase results from legitimate market forces. This landmark judgment, delivered by Justices Anil Kshetarpal and Harish Vaidyanathan Shankar, strengthens the ED's ability to trace and seize illicit wealth disguised as legitimate investments.
Online Betting Case: Probe Agency Attaches Assets Worth Rs 307 Crore
Sep 23, 2025 12:10 am CST
The Enforcement Directorate has provisionally attached assets worth around Rs 307.16 crorein connection with the Fairplay betting app case.