New Delhi: The Enforcement Directorate’s handling of five cases found mention in a best global practices report of the Financial Action Task Force (FATF), in what can be seen as an endorsement of restitution of properties to rightful owners after attachment under money laundering proceedings.

In its assessment report released Tuesday, the global anti-money laundering and terror financing watchdog cited restitution of over Rs 500 crore to more than 75,000 victims who had invested in real estate projects of the Rose Valley group across West Bengal, Odisha, and Assam.

Founded in 1989, the FATF regulates flow of funds between member countries and ensures compliance with its guidelines to curb terror financing and money laundering in member nations. India is one of its 40 members, including

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