💨 Abstract

The Economic Division (ED) of India is focusing on restituting properties and funds seized during money laundering investigations to rightful claimants or victims to improve its image. A special committee, headed by a special director-rank officer, has been established to expedite the process. The committee conducts regular meetings with banks and is developing a dedicated software for streamlining fund disbursement.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖