https://www.taxtmi.com/highlights?id=78420 The High Court considered a bail application u/s 19 of PMLA in a money laundering case. The Court noted material evidence including interception of betel nuts, witness statements, and financial transactions linking the applicant to alleged smuggling activities. It found prima facie justification for the applicant's arrest. The Court also addressed the inchoate nature of predicate offences, emphasizing that registration of FIR by CBI sufficed, and lack of charge-sheet did not negate the allegations. Despite serious bribery allegations, the Court granted bail considering the context and discretion. The applicant was granted bail with imposed conditions. en-us Wed, 12 Jun 2024 12:39:59 +0530 Wed, 12 Jun 2024 12:39:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=78420 The High Court considered a bail application u/s 19 of PMLA in a money laundering case. The Court noted material evidence including interception of betel nuts, witness statements, and financial transactions linking the applicant to alleged smuggling activities. It found prima facie justification for the applicant's arrest. The Court also addressed the inchoate nature of predicate offences, emphasizing that registration of FIR by CBI sufficed, and lack of charge-sheet did not negate the allegations. Despite serious bribery allegations, the Court granted bail considering the context and discretion. The applicant was granted bail with imposed conditions. Highlights Money Laundering Wed, 12 Jun 2024 12:39:59 +0530 https://www.taxtmi.com/highlights?id=78420