Money Laundering - Fraud by Additional Director of the company ...

Additional Director Involved in Money Laundering and Fraud; Honest Public Servant Not Prosecuted Under Prevention of Corruption Act.

March 3, 2022

Case Laws Money Laundering HC

Money Laundering - Fraud by Additional Director of the company with the help of forged documents - commission of scheduled offence - The case of VMT Mills can be better explained with the following illustration. 'A' is an honest public servant. 'B', a dishonest public servant, opens a bank account in the name of 'A' and parks the bribe monies received by him in that account. Can 'A' be prosecuted along with 'B' under the Prevention of Corruption Act, 1988 ? The answer is an obvious 'No'. - HC

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Money Laundering - Fraud by Additional Director of the company ...

Additional Director Involved in Money Laundering and Fraud; Honest Public Servant Not Prosecuted Under Prevention of Corruption Act.

March 3, 2022

Case Laws Money Laundering HC

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