ED searches, attachment, convictions rose exponentially during Modi rule compared to UPA era

News Network
April 17, 2024

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New Delhi: Searches conducted by the Enforcement Directorate (ED) under the anti-money laundering law rose by 86 times while arrests and attachment of assets jumped by around 25 times in the ten years since 2014 compared to the preceding nine-year period, according to official data.

An analysis of the data by PTI for the last ten years, between April 2014 and March 2024, against the nine years from July 2005 to March 2014 presents a picture of the federal agency's "intensified" action under various sections of the Prevention of Money Laundering Act (PMLA).

The PMLA was enacted in 2002 and implemented from July 1, 2005, to check serious crimes of tax evasion, generation of black money and money laundering.

While the opposition parties have alleged that the ED's action during the last decade was part of the BJP-led central government's "oppressive" tactics against its rivals and others, the Union government and the ruling party have asserted that the agency is independent and its investigations were purely based on merit and under the mandate to act against the corrupt.

The ED booked as many as 5,155 PMLA cases during the last ten years as compared to a total of 1,797 complaints or Enforcement Case Information Reports (ECIRs or FIRs) filed during the preceding period (2005-14), a jump of about three times, the data said.

The data shows that the agency also got its first conviction starting the 2014 fiscal and it has, till now, got 63 persons punished under the anti-money laundering law.

The ED conducted 7,264 searches or raids in money laundering cases across the country during the 2014-2024 period as compared to just 84 in the preceding period - a jump of 86 times.

It also arrested a total of 755 people during the last decade and attached assets worth Rs 1,21,618 crore as compared to 29 arrests and Rs 5,086.43 crore worth of attachments respectively during the last compared period, the data stated.

The arrests are 26 times more, while figures related to the attachment of properties are 24 times higher.

The agency issued 1,971 provisional attachment orders for various types of immovable and movable assets during the last decade as compared to 311 such orders taken out in the preceding comparable period.

It got about 84 per cent of the attachment orders confirmed from the Adjudicating Authority of the PMLA during 2014-24 as compared to 68 per cent confirmations from the same authority during the last compared period.

The filing of charge sheets also saw a jump of 12 times in the last decade with 1,281 prosecution complaints filed by it before courts as against 102 during the preceding period.

The data said the ED secured conviction orders in 36 cases from various courts leading to the prosecution of 63 persons and a total of 73 charge sheets were disposed of during the last decade.

No conviction was obtained by the agency nor any charge sheet was disposed of under the anti-money laundering law during the 2005-14 period, according to the statistics.

The agency also got the court's permission to confiscate assets (attached as proceeds of crime under the PMLA) worth Rs 15,710.96 crore and it also restituted properties (including bank funds) of Rs 16,404.19 crore (out of the total amount under confiscation) during the last decade.

As there were no convictions during the preceding nine-year period, no confiscation of assets and resultant restitution could take place, as per the data.

The ED is also empowered to seize cash under the PMLA and the data said the agency froze more than Rs 2,310 crore worth of Indian and foreign currency during the last ten years as compared to a figure of Rs 43 lakh during the preceding period.

The agency also got notified a total of 24 Interpol red notices for apprehension of various accused who left India and hid in foreign shores and sent 43 extradition requests during 2014-24.

No such action was taken by the agency during the preceding period.

Four persons were extradited to India during the last ten-year time period while similar orders were secured against businessmen Vijay Mallya, Nirav Modi and Sanjay Bhandari. The three are based in the UK and the ED is trying to bring them back to the country as all the accused are contesting the orders issued against them.

"These statistics reflect the intensive drive that the ED has undertaken to check money laundering crimes," an agency official said.

The ED investigates financial crimes under two criminal laws -- the Prevention of Money Laundering Act (PMLA) and the Fugitive Economic Offenders Act (FEOA) -- apart from the civil provisions of the Foreign Exchange Management Act (FEMA).

The FEOA was enacted by the Narendra Modi government in 2018 to cripple those who are charged with high-value economic frauds and abscond from the country to evade the law.

The ED, as per the data, filed a total of 19 such applications before the designated special PMLA courts in the country following which 12 persons have been declared fugitive economic offenders.

It also confiscated assets worth Rs 906 crore under the said law by the end of the last fiscal on March 31.

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News Network
July 17,2024

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Kalaburagi, July 17: BJP leader Manikanth Rathod has been arrested in connection with theft of rice meant for Anna Bhagya scheme, police said on Wednesday.

The Shahapur police arrested Rathod from his residence in the district headquarter town of Kalaburagi.

"Manikanth has been arrested in connection with the theft of 6,077 quintals of rice worth more than Rs two crore from a government warehouse in Shahapur in Yadgir district," the sources said.

The BJP leader was summoned by the police to appear before it for questioning, which he ignored due to which he was arrested.

Rathod had contested the 2023 assembly election on the BJP ticket against Congress president Mallikarjun Kharge's son Priyank Kharge and lost.

Anna Bhagya scheme offers 10 kg food grains to each member of the family belonging to the economically weaker sections of the society every month.

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News Network
July 15,2024

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New Delhi: The BJP's strength in the Rajya Sabha fell by four Saturday after as many nominated members - Rakesh Sinha, Ram Shakal, Sonal Mansingh, and Mahesh Jethmalani - completed their term.

All four were chosen - as non-aligned members - by President Droupadi Murmu on the advice of the ruling party, and formally allied with Prime Minister Narendra Modi's government afterwards.

Their retirement brings the BJP's strength down to 86 and that of the party-led National Democratic Alliance to 101, which is below the current majority mark of 113 in the 245-member House.

The current strength of the Rajya Sabha is 225.

The Congress-led INDIA bloc has 87, of which the Congress has 26, Bengal's ruling Trinamool 13, and the Aam Aadmi Party and the DMK, in power in Delhi and Tamil Nadu, have 10 each.

Parties not aligned with either the BJP or the Congress - such as ex-Telangana Chief Minister K Chandrashekar Rao's BRS - nominated MPs and independents hold the rest.

What Do BJP's Reduced Numbers Mean?

It means the government is now reliant on non-NDA parties - such as ex-ally AIADMK of Tamil Nadu and former Andhra Pradesh Chief Minister Jagan Mohan Reddy's YSR Congress Party - to pass bills in the Upper House. As of now, assuming the BJP can count on the 15 votes from NDA parties' MPs, it will need a minimum of 13 additional 'aye's cast in its favour to push through bills.

The YSRCP (11) and the AIADMK (4) are the BJP's two most obvious 'allies', even if its relationship with the latter has been fractious since they split in December last year, months before the election.

Jagan Reddy's YSRCP has lent issue-based support to the BJP in the past, so at least 11 votes seem assured for Mr Modi's party. Former Odisha Chief Minister Naveen Patnaik's BJD lent similar support too but, since it was beaten by the BJP in the May-June state election, has said it will not do so now.

The BJD has nine Rajya Sabha MPs.

If the AIADMK is unwilling to offer support, and the BJD of Naveen Patnaik has turned away, the BJP will then turn to votes from nominated members.

There are a total of 12 nominated members in the Rajya Sabha. Although non-aligned when brought in, since they are chosen by the government, in practice they tend to support the ruling party.

Non-aligned parties like the BRS, which has four MPs, and independents may also come into play.

Vacant Seats

There are a total of 20 seats vacant at this time, including 11 held by elected members for which polls are expected this year. Of these, there are two seats each in Maharashtra, Assam, and Bihar, and one each in Haryana, Rajasthan, Madhya Pradesh, Telangana, and Tripura.

The BJP-led alliance has the numbers to win seven - from Assam, Bihar, Rajasthan, Madhya Pradesh, and Tripura. And if it can keep its flock together in Maharashtra, it will win two more from there.

This could give the BJP as many as nine extra seats. If it wins those, and with the nominated members' votes, as well as the YSRCP's, it will have more than enough to cross the majority mark.

There are also four seats vacant from Jammu and Kashmir, which is expected to hold an Assembly election by September 30, in line with a Supreme Court order.

The Telangana seat is likely to be won by the Congress, which swept to power last year.

This is crucial because it will give the party enough votes to claim the Leader of the Opposition post in the Rajya Sabha. The Congress will then hold the LoP seat in both Houses.

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News Network
July 19,2024

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Bengaluru, Jul 19: The Karnataka government was taking all necessary measures towards rescue and relief of those affected by flooding and landslides caused by heavy downpour in parts of the state, where monsoon rains since June has been 22 per cent above normal, Revenue Minister Krishna Byre Gowda said on Friday.

The Minister was replying to a discussion in the Legislative Assembly on floods and landslides in parts of the state due to rains, amid BJP and JD(S) protest from the well of the House against alleged financial irregularities in a state-run corporation.

"The government will take all necessary measures. We had information since January about above normal rains this year and accordingly we have made necessary arrangements. Since June 1 so far normally 365 mm rains should have happened, but 447 mm rains have occurred which is 22 per cent above normal," Gowda said.

He said: "In the three coastal districts normally 1,537 mm rains should have happened but this time it was 1,858, which is 21 per cent above normal, and in the Malnad region normally it should have been 733 mm, but it is 802 mm, which is 9 per cent above normal."

"So far 29 care centres have been set up, where 2,332 people are taking shelter, and to carry out relief works all the districts have been provided a total of Rs 777.54 crore; if required, more funds will be given, there is no shortage of funds," he added.

From July 1 to 19 there has been 244 mm rains in the state and this is highest in 30-40 years, the Minister said, adding, in Malnad districts it is 544 mm and in coastal region 1,154 mm.

Noting that five platoons of National Disaster Response Force (NDRF) have been deployed in six districts of coastal and Malnad regions, the Minister said they will be stationed for the entire monsoon season.

The government has identified gram panchayats that are vulnerable to floods, he said. 2,225 villages are mapped as vulnerable ones, under 1,247 gram panchayats, with 2,38,000 people.

"In each of these 1,247 gram panchayats a task force has been set up, and a taluk level officer has been appointed as nodal officer for each panchayat," he said. Funds have been allocated to each of these task forces to take up immediate relief work.

Blaming "unscientific work" by the National Highways Authority of India (NHAI) for the massive landslide that hit National Highway 66 near Shirur village of Ankola taluk in Uttara Kannada district on July 16, the Minister said, the Chief Secretary has spoken to NHAI to correct the "unscientific designs."

A tanker containing LPG had fallen into the river during the tragedy, he said. With the help of technical experts, controlled release of gas was done to avoid any possible explosion.

According to preliminary reports, about 371 hectare of agriculture crops and 351 hectare of horticulture crops have been damaged, the Minister said. More crops have been damaged in the last couple of days and reports are awaited. About 2,450 houses have been damaged, including some partially.

"Houses will be provided for those who lost houses," he said, adding, immediate relief will be provided for crop losses.

"About 60 percent of our dams are filled," Gowda said. "Total capacity of our dams is 895 tmcft; last year this time it was 243 tmcft, but this year 536 tmcft water storage is there."

Leader of Opposition R Ashoka alleged that no relief is being given and there are no funds with the government.

"None of the Ministers have gone to affected regions so far. The government has become bankrupt. The government is dead," he added.

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