New Delhi – Prime Minister Narendra Modi announced that the Enforcement Directorate (ED) has successfully recovered a staggering Rs.22,000 crore (approximately USD 2.65 billion) from individuals accused of misappropriating public funds. This significant recovery, he stated, is being directed towards returning the money to the rightful victims of these financial crimes.
During a recent address, PM Modi highlighted the government’s unwavering commitment to combating corruption and ensuring justice for those who have been defrauded. He emphasized that the ED’s actions are a testament to the government’s resolve in pursuing and recovering ill-gotten gains. The recovered funds represent a substantial victory in the fight against economic offenders and reinforce the message that those who loot public money will face severe consequences.
The Prime Minister elaborated that the recovered Rs.22,000 crore is being systematically returned to the victims through established legal channels. This initiative aims to provide much-needed relief to individuals and entities who have suffered financial losses due to fraudulent activities. The government’s focus on victim restitution underscores its commitment to transparency and accountability.
The Enforcement Directorate, India’s premier financial crime investigation agency, has been increasingly active in pursuing cases involving money laundering, fraud, and corruption. The agency’s success in recovering such a large sum of money reflects its enhanced capabilities and the government’s strengthened legal framework for combating economic offenses. This news is likely to resonate strongly with the public, reinforcing trust in the government’s efforts to uphold financial integrity and deliver justice.
