India
₹63K-cr assets restored to victims: ED
✦ AI Brief
The Enforcement Directorate has returned assets worth over ₹63,000 crore to victims, accounting for about 27% of the attached assets under the Prevention of Money Laundering Act. Officials aim to restore around 40% to 50% of the attached assets by the end of the year. A major chunk of money has been returned to individual investors or victim banks in high-profile cases, with the ED coordinating with banks and other entities to restitute the assets.