Rs 18,000 Crore Returned To Banks From Fugitive Tycoons: Centre

In India, 4,700 PMLA cases are being investigated by the Enforcement Directorate and the total proceeds of crimes pending before the court amounts to ₹ 67,000 crore, the Centre said.

Appearing for the Centre, Solicitor General Tushar Mehta cited the figures to reflect how a large sum of money is still stuck and not crossing recovery stage due to the protection being granted by courts.

“Some of the people who have left the country duping thousands of crores are getting protection of the courts.So far, a tune of ₹ 67000 crores is held up by the Courts by granting non-coercive actions,” he said.