PMLA Court Confiscates Sugar Mills in Economic Offense Case

PMLA Court Confiscates Sugar Mills in Economic Offense Case.webp

New Delhi, April 1 A special court under the Prevention of Money Laundering Act (PMLA) in Lucknow has declared a former Uttar Pradesh MLC a "fugitive economic offender" and ordered the confiscation of three sugar mills, "controlled" by him, worth approximately Rs 1,000 crore, following the Enforcement Directorate's investigation into a money laundering case against him.

According to an order accessed by
 
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confiscation economic offender enforcement directorate financial crime former mlc lucknow money laundering pmla prevention of money laundering act sugar mills uttar pradesh
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