New Delhi, May 1 -- Riding on its improved global ranking in combating money laundering, India's financial crime-fighting agency, the Enforcement Directorate (ED), will now prioritise probing violations related to foreign exchange (forex) and foreign direct investment (FDI), its chief Rahul Navin said on Thursday.
Speaking at an event organized by the ED in the national capital, Navin said that the multi-disciplinary probe agency has in the recent past stepped up its enforcement action on money laundering, leading to restitution of Rs.15,261 crore to victims like investors and banks in 30 cases in FY25.
Also Read | RBI to continue interventions in forex market, despite tight liquidity
Last September, Paris-based Financial Action Task F...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.