https://www.taxtmi.com/caselaws?id=402977 Money-laundering prosecution under the Prevention of Money-Laundering Act, 2002 can proceed on a prima facie showing that the accused was involved in a process or activity connected with proceeds of crime, even if the predicate offence has not resulted in conviction. The Karnataka High Court treated the money-laundering offence and the predicate offence as distinct and separate, and held that the absence of conviction in the underlying offence was not, by itself, a bar to prosecution under section 3. On the material alleging laundering of property obtained through a corruption offence and derivation of pecuniary gain, the discharge under section 227 CrPC was found unsustainable and the discharge application was rejected. en-us Thu, 17 Dec 2020 00:00:00 +0530 Sat, 16 Jan 2021 22:07:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402977 Money-laundering prosecution under the Prevention of Money-Laundering Act, 2002 can proceed on a prima facie showing that the accused was involved in a process or activity connected with proceeds of crime, even if the predicate offence has not resulted in conviction. The Karnataka High Court treated the money-laundering offence and the predicate offence as distinct and separate, and held that the absence of conviction in the underlying offence was not, by itself, a bar to prosecution under section 3. On the material alleging laundering of property obtained through a corruption offence and derivation of pecuniary gain, the discharge under section 227 CrPC was found unsustainable and the discharge application was rejected. Case-Laws Money Laundering Thu, 17 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402977