“Out of 911 PMLA Complaints, Trial Pending in 257 Cases”: Finance Minister Pankaj Chaudhary

Between 2019 and October 2024, the Enforcement Directorate filed 911 chargesheets under the Prevention of Money Laundering Act, achieving only 42 convictions, indicating a low conviction rate of approximately 4.6%. With 28% of cases still pending trial, concerns of political bias and misuse of the Act have been raised.