Cases recorded under Prevention of Money Laundering Act, 2002 from 2015-16 to 2019-20

January 14, 2021

Author: susil

Prevention of Money Laundering Act, 2002 (PMLA) was enacted by Government of India to fight against the criminal offence of legalizing the income/profits from an illegal source. The PMLA enables the Government or the public authority to confiscate the property earned from the illegally gained proceeds.

The number of cases recorded under PMLA was 111 in 2015-16. It has surged by 80.18% to 200 during 2016-17 above 2015-16. We have observed annual decline of -26% in cases recorded under PMLA during 2017-18 against 2016-17. The number of cases recorded under PMLA was 195 during 2018-19, up by 31.76% versus 148 during 2017-18. During 2019-20 (up to 31.10.2019), there were 103 cases recorded under PMLA.

The maximum annual growth rate of 80.18% has been seen in 2016-17 in cases recorded under PMLA during the period under consideration.

Note: Source: RAJYA SABHA SESSION – 250 UNSTARRED QUESTION NO. 1665.

Dataset URL: https://data.gov.in/resources/number-investigations-initiated-under-prevention-money-laundering-act-2002-pmla-2015-16

Resource Title: Number of Investigations Initiated under Prevention of Money Laundering Act, 2002 (PMLA) from 2015-16 to 2019-20 (From: Ministry of Finance)