https://www.taxtmi.com/caselaws?id=310869 Bail under the Prevention of Money Laundering Act, 2002 was refused because the allegations disclosed a large-scale corruption and money-laundering operation involving misuse of official position and diversion of public funds. The Court considered the applicant's role as Executive Engineer, the gravity of the offence, the alleged embezzlement, and the statutory bail restrictions applicable under the money-laundering law, and found no reason to exercise discretion in favour of release. The application was rejected. en-us Fri, 29 Apr 2022 00:00:00 +0530 Wed, 22 Nov 2023 21:26:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310869 Bail under the Prevention of Money Laundering Act, 2002 was refused because the allegations disclosed a large-scale corruption and money-laundering operation involving misuse of official position and diversion of public funds. The Court considered the applicant's role as Executive Engineer, the gravity of the offence, the alleged embezzlement, and the statutory bail restrictions applicable under the money-laundering law, and found no reason to exercise discretion in favour of release. The application was rejected. Case-Laws Money Laundering Fri, 29 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310869