Money laundering clarified to include concealment, possession, acquisition, use and projecting proceeds as untainted property. The amendment clarifies that a person is guilty of the money laundering offence if they directly or indirectly attempt, knowingly assist, are knowingly a party to, or are actually involved in concealment, possession, acquisition, use, projecting as untainted property, or claiming proceeds as untainted property in any manner whatsoever, and that such process or activity is a continuing activity until the person directly or indirectly enjoys the proceeds by those means.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Money laundering clarified to include concealment, possession, acquisition, use and projecting proceeds as untainted property.
The amendment clarifies that a person is guilty of the money laundering offence if they directly or indirectly attempt, knowingly assist, are knowingly a party to, or are actually involved in concealment, possession, acquisition, use, projecting as untainted property, or claiming proceeds as untainted property in any manner whatsoever, and that such process or activity is a continuing activity until the person directly or indirectly enjoys the proceeds by those means.
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