Provisional attachment of immovable property was sustained where the property was acquired during the disclosed offence period and found to be directly derived from narcotics-related proceeds of crime. The absence of documentary proof of lawful income, unexplained banking transactions, and admissions concerning use of narcotics-sale proceeds supported the required nexus with the scheduled offence. Statements made under Section 50 of the Prevention of Money Laundering Act were treated as constitutionally valid and reliable where recorded under summons, written by the individuals concerned, and corroborated by investigative material. The allegation of duress was rejected, and the appeal challenging the attachment was dismissed.
Provisional attachment of immovable property was sustained where the property was acquired during the disclosed offence period and found to be directly derived from narcotics-related proceeds of crime. The absence of documentary proof of lawful income, unexplained banking transactions, and admissions concerning use of narcotics-sale proceeds supported the required nexus with the scheduled offence. Statements made under Section 50 of the Prevention of Money Laundering Act were treated as constitutionally valid and reliable where recorded under summons, written by the individuals concerned, and corroborated by investigative material. The allegation of duress was rejected, and the appeal challenging the attachment was dismissed.
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TaxTMI 
TaxTMI 
