Money laundering case involving attachment of properties. ...

Laundered money led to attachment of properties despite acquired before offense. Family's crime proceeds share justified action.

Case Laws Money Laundering

September 3, 2024

Money laundering case involving attachment of properties. Appellant argued property was acquired prior to offense, hence cannot be attached. Court rejected contention, relying on Supreme Court precedent allowing attachment of other assets when direct proceeds unavailable. Appellant received share from crime proceeds along with family members. Adjudicating authority rightly confirmed attachment in absence of direct proceeds. Appeal dismissed being devoid of merits, upholding attachment order due to legal position on attaching other assets when crime proceeds unavailable.

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Money laundering case involving attachment of properties. ...

Laundered money led to attachment of properties despite acquired before offense. Family's crime proceeds share justified action.

Case Laws Money Laundering

September 3, 2024

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