Proceedings under PMLA can be initiated even if person was not accused in predicate offence: Madras High Court

The Court observed that persons who were not accused in the original criminal activity that resulted in the generation of the proceeds of the crime, could still be prosecuted under the Prevention of Money Laundering Act
Madras High Court, PMLA
Madras High Court, PMLA

The Madras High Court recently observed that persons who were not accused in the predicate offence, i.e, the original criminal activity that resulted in the generation of the proceeds of the crime, could still be prosecuted under the Prevention of Money Laundering Act (PMLA). [P Rajendran vs The Assistant Director, Directorate of Enforcement]

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