Union Minister Jitendra Singh on Thursday said assets worth more than $12 billion had been attached since 2014 under the Prevention of Money Laundering Act (PMLA), while in the past about four years, assets worth over $1.8 billion had been recovered under the Fugitive Economic Offenders Act (FEOA).
In his inaugural address at the first-ever International Day of Police Cooperation, after conferring police medals to the Central Bureau of Investigation (CBI) officials at an investiture ceremony at the agency headquarters, Dr. Singh said the FEOA was brought in by the Prime Minister Narendra Modi-led Union government.
