The assets worth 1.8 billion US dollars have been recovered from economic offenders and fugitives in the last four years after Prime Minister Narendra Modi brought in the Economic Offenders Act, Union Minister of State (Independent Charge) Science & Technology; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said on Thursday.
He said the Prevention of Money Laundering Act (PMLA) has helped in attaching the assets of offenders worth more than 12 billion US dollars since 2014.
Dr Jitendra Singh was speaking in his inaugural address at the first-ever “International Day of Police Cooperation” after conferring Indian Police Medals to distinguished CBI officers at an Investiture Ceremony at CBI Headquarters here.
The minister said there has been a quantum jump in extradition of criminals and fugitives in recent years especially after India hosted the 90th Interpol General Assembly in October 2022.
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