According to the Centre, Rs 18,000 Crore has been returned to banks from Vijay Mallya, Nirav Modi & Mehul Choksi.
Solicitor General Tushar Mehta on Wednesday submitted before a bench headed by Justice A.M. Khanwilkar that the total proceeds of crimes in the Prevention of Money Laundering Act (PMLA) cases pending before the top court amounts to Rs 67,000 crore.
He further added that till date 4,700 cases are being investigated by the Directorate of Enforcement.
The SC is hearing a number of petitions, challenging the power of the ED for search, seizure, investigation and attachment of proceeds of crime under the law.
