6.42% Conviction Rate In Cases Filed By ED Since 2019 : Union Government Tells Parliament

The Enforcement Directorate (ED) recently addressed concerns over its low conviction rates under the Prevention of Money Laundering Act (PMLA). The ED explained that although convictions were low, the agency had successfully completed several high-profile investigations, and many cases were in the trial stage. The agency’s focus remains on thorough investigations and the gathering of evidence, with a strategic approach to tackling complex financial crimes. The ED’s explanation aims to assure the public and stakeholders that its efforts are not solely measured by conviction rates but by long-term systemic impacts in fighting money laundering.