The High Court considered a bail application u/s 19 of PMLA in a ...

Applicant granted bail in money laundering case. Lack of evidence linking to crime. Court considers context, grants bail.

Case Laws     Money Laundering

June 12, 2024

The High Court considered a bail application u/s 19 of PMLA in a money laundering case. The Court noted material evidence including interception of betel nuts, witness statements, and financial transactions linking the applicant to alleged smuggling activities. It found prima facie justification for the applicant's arrest. The Court also addressed the inchoate nature of predicate offences, emphasizing that registration of FIR by CBI sufficed, and lack of charge-sheet did not negate the allegations. Despite serious bribery allegations, the Court granted bail considering the context and discretion. The applicant was granted bail with imposed conditions.

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