 "coronavirus, crime, corruption, money laundering")
Corrupt practices including hoarding, profiteering and black marketing of Covid-related essentials can now attract strict punishment under the anti-money laundering laws.
The Enforcement Directorate (ED) has directed officials to consider cases of crime related to Covid-19 as predicate offence. Officials have been told to step up the drive against entities indulging in activities such as hoarding and overcharging of essential life saving drugs including Remdesevir injections. Issuing fake RT PCR certificates and charging exorbitant prices for hospital beds/ICU/ventilator too would be treated as an offence under the anti-money laundering provisions.
Bulk promotions claiming availability of Covid treatment, duping people on the pretext
