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The Enforcement Directorate has facilitated restitution of assets worthy astir $5.6 cardinal to victims nether the Prevention of Money Laundering Act, said bureau main Rahul Navin astatine the 12th Steering Committee gathering of Global Operational Network of Anti-Corruption Law Enforcement Authorities (GlobE Network) connected Monday (March 23, 2026).
The three-day conscionable began successful Delhi connected Monday, with India serving arsenic the host. The opening league was besides attended by Central Bureau of Investigation (CBI) manager Praveen Sood, peculiar directors of the 2 agencies, elder representatives of the GlobE Secretariat nether the United Nations Office connected Drugs and Crime (UNODC), and delegates from crossed the GlobE Network’s subordinate nations.
Mr. Navin acknowledged the applicable worth of GlobE tools to Indian investigators, citing the assistance extended by Spain successful a lawsuit wherever accusation shared done the Network led straight to the restraining of assets done ceremonial channels. He besides noted the inferior of the Directory of Open Source Registries successful accelerating the aboriginal stages of investigations.
Delivering the keynote address, Mr. Sood said planetary practice is nary longer a substance of prime but an implicit necessity. He said the Network’s Secure Communication Platform was a highly effectual instrumentality for encrypted, real-time accusation speech among subordinate authorities, and called upon each subordinate agencies to actively prosecute with the CBI, stock actionable intelligence, and marque afloat usage of disposable practice mechanisms.
He highlighted the CBI’s relation arsenic the National Central Bureau for Interpol, stating that timely and coordinated enactment could marque a decisive quality successful ensuring offenders are brought to justness and illicit assets recovered. Mr. Sood reaffirmed India’s committedness to moving with each members to marque the GlobE Network a beardown and effectual pillar of planetary anti-corruption cooperation.
The 15 nations presently serving connected the Steering Committee are India, Azerbaijan, Brazil, China, Ethiopia, Grenada, Italy, Nigeria, Romania, Russia, Saudi Arabia, Spain, South Africa, South Korea, and the United Arab Emirates.
The GlobE Network is simply a planetary level of specialised anti-corruption instrumentality enforcement authorities, established nether the Riyadh Initiative during Saudi Arabia’s G20 Presidency. It operates nether the model of the United Nations Convention Against Corruption (UNCAC). Today, it comprises 135 subordinate countries and 250 subordinate authorities, on with 18 observers, including Europol, the World Bank, and the International Association of Anti-Corruption Authorities.
India joined the Network successful 2022, with the CBI and the ED arsenic its 2 designated subordinate agencies. The state was elected to the 15-member Steering Committee successful September 2024, said an ED release.
