New Delhi, May 1 -- Rahul Navin, Director of the Directorate of Enforcement (ED), on Thursday detailed the agency's intensified crackdown on money laundering, reporting substantial progress in investigations and asset seizures during the financial year 2024- 25.

The ED Director, while speaking at the celebration of 'ED Day', highlighted a significant surge in anti-money laundering action, with record convictions, asset attachments, and a renewed focus on clearing long-pending cases.

Addressing the gathering, ED Director, Rahul Navin said, "Building on the momentum, we note with satisfaction that in the financial year 2024-25, 775 new PMLA investigations were launched, 333 prosecution complaints were filed, and notably, 34 individuals we...