Economic offenders have huge proceeds of crime, may use it to win over witnesses: Allahabad High Court denies anticipatory bail to accused

The Court dismissed anticipatory bail plea of a man in a money laundering case related to embezzlement of funds for National Rural Health Mission Scheme in Uttar Pradesh.
Allahabad HC , PMLA
Allahabad HC , PMLA

Economic offenders are only concerned about personal gain at the cost of “irreparable” loss to the society, the Allahabad High Court observed on Thursday as it rejected the anticipatory bail plea of a man accused in a money laundering case [Pankaj Grover v. Directorate of Enforcement].

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