ED marks 70 years with strong enforcement record; Rs 81,422 cr assets attached in FY26
02/05/2026
New Delhi, May 1: The Enforcement Direc-torate (ED) celebrated its 70th anniversary at Bharat Mandapam, where Dire-ctor Rahul Navin outlined the agency's growing role in combating financial cri-mes & protecting the country's economic system.
Addressing officials, dignitaries, and international partners, Navin said the ED has adapted to emerging threats such as cryptocurrency fraud, cyber-enabled financial crimes, terror financing, & narcotics trafficking. The event was attended by union Minister of State for Finance Pankaj Chaudhary, Revenue Secretary Arvind Srivastava, Additional Solicitor General SV Raju, and Special Director Manu Tentiwal, among others.
Highlighting the Directorate's performance, Navin said 812 prosecution complaints were filed in FY 2025-26 under the Prevention of Money Laundering Act, nearly double the previous year's figures. He noted that over 41 per cent of all prosecution complaints in ED's history have been filed in the last two years. The ED attached assets worth Rs 81,422 crore during the financial year, marking a 170 percent increase, with total attachments reaching Rs 2.36 lakh crore.
Navin added that Rs 63,142 crore has been restituted to victims, including banks, investors, and homebuyers, through provisions such as non-conviction-based confiscation. The Director also highlighted a conviction rate of 94 percent and expressed confidence that most of the more than 2,400 cases currently pending before courts will result in convictions. On fugitive offenders, he said proceedings have been initiated against 54 individuals under the Fugitive Economic Offenders Act, with 21 declared fugitives and assets worth Rs 2,178 crore confiscated so far.
Navin further emphasized India's growing global role in anti-money laundering efforts, noting leadership positions in international asset recovery networks and upcoming global engagements. He also underlined administrative reforms within the ED, including improved transparency measures such as QR code-based summons verification and stronger internal oversight. Concluding his address, Navin credited ED officers for their dedication and reaffirmed the agency's commitment to tackling complex financial crimes and ensuring that proceeds of crime are returned to society.
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