How is the issue of '5,000 cases to 40 convictions' ratio in PMLA cases viewed by the Supreme Court, and what actions are undertaken to address it

1. The Supreme Court has expressed concern over the low conviction rate in Prevention of Money Laundering Act (PMLA) cases, specifically citing the disparity between 5,000 cases and only 40 convictions. 2. The Court has emphasized the need to enhance efficiency in investigating and prosecuting PMLA cases to address this issue. 3. Measures being taken to rectify the situation include providing specialized training to investigators and prosecutors, improving coordination among various agencies involved, and ensuring proper utilization of resources. 4. The Court has also highlighted the importance of speedy trials and strict adherence to legal procedures to expedite the resolution of PMLA cases. Overall, the Supreme Court is actively pushing for reforms to improve the effectiveness of dealing with PMLA cases and increase the conviction rate.