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ED RESTORES RS 22,280 CR FROM ECO-OFFENDERS: SITHARAMAN
The Business Guardian
|December 19, 2024
Nirmala Sitharaman announced the ED restored 22,280 crore from economic offenders, showcasing India's economic resilience.
Finance Minister Nirmala Sitharaman has listed several major cases where the Directorate of Enforcement has from time to time attached properties of individuals and companies connected to economic offence cases.
Replying to the debate on Supplementary Demands for Grants - First Batch for 2024-2025, the finance minister apprised the Lok Sabha Tuesday evening that the central enforcement agency has successfully restored properties worth around Rs 22,280 crores - only the major cases included.
Of those restored, the complete attached property worth Rs 14,131.6 crores of fugitive businessman Vijay Mallya has been restored to the public sector banks, the minister said in Lok Sabha.
This story is from the December 19, 2024 edition of The Business Guardian.
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