https://www.taxtmi.com/caselaws?id=429679 Section 3 of the Prevention of Money-Laundering Act may apply to persons not named as accused in the scheduled offence where material indicates their involvement in possessing, acquiring, using or projecting proceeds of crime as untainted property. Questions concerning whether assets pre-dated alleged criminal transactions, their source of acquisition, or whether they constitute proceeds of crime are factual issues ordinarily requiring trial where prima facie material exists. Ownership and use of assets in the names of accused persons may form part of the relevant prima facie assessment. en-us Fri, 14 Oct 2022 00:00:00 +0530 Thu, 03 Nov 2022 09:04:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429679 Section 3 of the Prevention of Money-Laundering Act may apply to persons not named as accused in the scheduled offence where material indicates their involvement in possessing, acquiring, using or projecting proceeds of crime as untainted property. Questions concerning whether assets pre-dated alleged criminal transactions, their source of acquisition, or whether they constitute proceeds of crime are factual issues ordinarily requiring trial where prima facie material exists. Ownership and use of assets in the names of accused persons may form part of the relevant prima facie assessment. Case-Laws Money Laundering Fri, 14 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429679