Why is the '5,000 cases to 40 convictions' ratio in PMLA cases concerning the Supreme Court
Supreme Court expresses disapproval over the low ratio of convictions in PMLA cases.
- The low ratio of convictions in PMLA cases suggests a lack of effective investigation and prosecution by the authorities.
- It points towards potential loopholes or inefficiencies in the legal system that hinder the successful prosecution of money laundering cases.
- The disparity between the number of cases filed and the resulting convictions raises questions about the quality of evidence gathered and presented in these cases.
- It indicates a need for stronger mechanisms to address money laundering practices comprehensively and prosecute offenders successfully.
- This low ratio can undermine the credibility of the legal system and impact public trust in the effectiveness of anti-money laundering efforts.
Answered
9 months ago