Tag: PMLA
How the Prevention of Money Laundering Act, 2002 (PMLA) redefined the fight against economic terror
The Prevention of Money Laundering Act, 2002 (PMLA) was thus enacted to combat money laundering, confiscate criminal assets, and set up enforcement mechanisms.
ED attaches Anil Ambani’s ₹3,716 crore Mumbai home ‘Abode’ under PMLA
ED attaches Anil Ambani’s ₹3,716 crore Mumbai house ‘Abode’ under the Prevention of Money Laundering Act in connection with alleged ₹40,000 crore bank fraud linked to Reliance Communications.