According to the department’s annual report released Thursday, 121 defendants across seven high-profile cases are facing prosecution for money laundering and terrorist financing, with claims totaling Rs 118.05 billion.
Key Highlights
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Total Claims: Rs 118.05 billion
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Cases Filed: 7 serious financial crime prosecutions
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Defendants Named: 121 individuals and entities
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Core Focus Areas: Revenue leakage, customs and excise duty evasion, foreign trade offenses, and illicit asset recovery.
How the Process Works
To streamline investigations and prosecution, the department relies on a structured legal and administrative framework:
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Screening Committee: Evaluates initial reports of money laundering or terrorist financing to determine if a preliminary investigation is warranted.
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Investigation Appointment: If approved, an investigation officer is formally assigned to lead the legal proceedings.
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Multi-Unit Coordination: Operations are supported by four specialized investigation wings alongside key support divisions, including:
The department attributes this massive claim total to modernized, expedited, and dynamic investigative processes. Moving forward, the DMLI remains focused on curbing financial crimes, neutralizing illicit wealth networks, and tightening controls around cross-border trade and tax evasion.
