2020 (2) TMI 1570 - SC - Money Laundering

Money Laundering - proceeds of crime - offence punishable under Sections 3 4 of the Prevention of Money Laundering Act, 2002 - main allegation in the FIR was with regard to misuse of official position of the accused and to hatch criminal conspiracy to cause loss of revenue to the State Exchequer - criminal breach of trust - High court finds that the order passed by the court below of taking cognizance dated 21.01.2019 does not require any interference by this court. HELD THAT - There are no reason to interfere in these matters. The Special Leave Petitions are, accordingly, dismissed.

Summary

Title: Supreme Court Judgment 2020 (2) TMI 1570

Judges: Mr. Uday Umesh Lalit and Vineet Saran, JJ.

Decision: Special Leave Petitions dismissed, interim orders to continue till 17.02.2020. Pending applications disposed of.