https://www.taxtmi.com/caselaws?id=308683 A statement recorded by the Enforcement Directorate during inquiry was treated as admissible, because the person was not yet a formally accused person in the ED proceeding and the agency was not regarded as a police officer for Section 25 purposes. Retraction did not nullify its evidentiary value. The Court also found prima facie material for the PMLA complaint, relying on the statement, seizure of cash, and the alleged link between the funds and unlawful lottery dealings; the absence of a final police report or additional cited witnesses did not justify quashing. The quash petition therefore failed. en-us Tue, 06 Sep 2022 00:00:00 +0530 Thu, 13 Jul 2023 07:39:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308683 A statement recorded by the Enforcement Directorate during inquiry was treated as admissible, because the person was not yet a formally accused person in the ED proceeding and the agency was not regarded as a police officer for Section 25 purposes. Retraction did not nullify its evidentiary value. The Court also found prima facie material for the PMLA complaint, relying on the statement, seizure of cash, and the alleged link between the funds and unlawful lottery dealings; the absence of a final police report or additional cited witnesses did not justify quashing. The quash petition therefore failed. Case-Laws Money Laundering Tue, 06 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308683