Assets worth Rs. 19,000 crores attached under PMLA: Union Minister

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  • By Chetan Kulasri
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  • Last Updated on 24 March, 2022

PMLA; Prevention of Money Laundering Act

Press Release Dated, 22-03-2022

Union Minister of State 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.

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