The PMLA Paradox: How the ED’s 94% Success Rate Masks a Judicial Crisis of Low Convictions and Delayed Justice
Introduction In a remarkable assertion of its operational success, the ED1, India’s premier financial crime-fighting agency, recently claimed a staggering conviction rate of over 94% under the stringent PMLA2. This emphatic declaration, made during the 32nd quarterly conference of zonal officers in Srinagar on Monday, September 15, 2025, stated that the agency had secured convictions in 50 of the 53 […]
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