https://www.taxtmi.com/caselaws?id=750935 Money-laundering prosecution may proceed independently of the predicate offence trial, because the existence of a scheduled offence is a necessary foundation but final conclusion of the predicate case is not required before action under the 2002 Act continues. Simultaneous investigation and prosecution are therefore permissible, although the money-laundering case would lose its footing if the predicate offence ends in acquittal, discharge, or quashing. Continuation of proceedings also depends on material linking the impugned property transaction to proceeds of crime; mere undervaluation of a conveyance is insufficient without a real nexus to the scheduled offence. On that basis, proceedings were quashed only where such linkage was absent. en-us Tue, 19 Mar 2024 00:00:00 +0530 Wed, 03 Apr 2024 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750935 Money-laundering prosecution may proceed independently of the predicate offence trial, because the existence of a scheduled offence is a necessary foundation but final conclusion of the predicate case is not required before action under the 2002 Act continues. Simultaneous investigation and prosecution are therefore permissible, although the money-laundering case would lose its footing if the predicate offence ends in acquittal, discharge, or quashing. Continuation of proceedings also depends on material linking the impugned property transaction to proceeds of crime; mere undervaluation of a conveyance is insufficient without a real nexus to the scheduled offence. On that basis, proceedings were quashed only where such linkage was absent. Case-Laws Money Laundering Tue, 19 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750935