HC dismissed the bail application in a money laundering case ...

Bail Denied in Money Laundering Case Under Section 3 of PMLA for Involvement in Mahadev Online Book Proceeds

March 15, 2025

Case Laws     Money Laundering     HC

HC dismissed the bail application in a money laundering case related to proceeds from Mahadev online book. The court found sufficient prima facie evidence of the applicant's involvement in money laundering under Section 3 of PMLA, 2002. Rejecting the applicant's denial of knowledge about transactions, the court determined there were reasonable grounds to believe the accused was involved in an organized crime with complex facets. Under Section 45 of PMLA, the court concluded the applicant would likely commit further offenses if released. Given the nature of allegations, gravity of the offense, and investigation materials, bail was denied.

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