Only 2 people convicted under money laundering act in 10 yrs
Only two people accused in two separate cases have been convicted under the Prevention of Money Laundering Act since it came into effect in 2005, Finance Minister Arun Jaitley said on Friday. He added that over 2,260 cases had been registered under the money laundering act over the past decade, and prosecution was filed in only 370 of those cases. 