The HC denied bail to the petitioner charged with money ...

Bail Denied in Money Laundering Case Under Section 45 PMLA Due to Substantial Evidence of Property Fraud and Document Falsification

April 1, 2025

Case Laws     Money Laundering     HC

The HC denied bail to the petitioner charged with money laundering under PMLA, finding substantial evidence of involvement in a property fraud syndicate through preparation of fake deeds, falsification of government records, and tampering with revenue registers. The court applied the twin conditions under Section 45 PMLA, concluding the petitioner failed to establish reasonable grounds for believing he was not guilty. The HC rejected the parity argument, distinguishing the petitioner's case from co-accused who received bail, noting their different roles per Tarun Kumar v. Assistant Director ED. The court emphasized that money laundering constitutes an independent offense from predicate crimes, focusing on the petitioner's direct involvement in activities connected with proceeds of crime.

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