Money Laundering - proceeds of crime - attachments of the ...

Case Laws Money Laundering

February 3, 2024

Money Laundering - proceeds of crime - attachments of the property - investigation for a period beyond three hundred and sixty five days not resulting in any proceedings - The High Court mandates the return of documents and properties seized from the petitioner, as no proceeding related to an offense under the Act involving the petitioner or the seized items was initiated within 365 days as required by Section 8(3)(a) of the Prevention of Money Laundering Act.

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Money Laundering - proceeds of crime - attachments of the ...

Case Laws Money Laundering

February 3, 2024

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