Allegations against applicant involve laundering Rs. 12 crore ...

Cattle smuggling proceeds laundering case: Woman granted bail despite anti-money laundering law.

Case Laws Money Laundering

September 14, 2024

Allegations against applicant involve laundering Rs. 12 crore proceeds of crime from cattle smuggling by her father, who received bribes from BSF personnel. Though not accused in predicate offence, prima facie evidence shows applicant owns firms used for laundering. Despite stringent PMLA provisions, right to liberty under Article 21 must be upheld. Proviso to Section 45(1) PMLA entitles women special treatment for bail. Following recent Supreme Court precedents, considering voluminous chargesheet, applicant's status as woman, and potential lengthy trial, regular bail granted on Rs. 10 lakh personal bond and surety, subject to conditions.

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Allegations against applicant involve laundering Rs. 12 crore ...

Cattle smuggling proceeds laundering case: Woman granted bail despite anti-money laundering law.

Case Laws Money Laundering

September 14, 2024

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