https://www.taxtmi.com/caselaws?id=758692 HC dismissed bail application in money laundering case. Petitioner was identified as mastermind in routing funds through bank accounts using entry providers for commission. Court found direct allegations establishing petitioner's involvement in proceeds of crime as key person in nexus that provided entries for laundering funds. Despite prolonged incarceration, HC held socio-economic offences require different bail approach due to deep-rooted conspiracies affecting society's moral fiber and causing irreparable harm. en-us Fri, 13 Sep 2024 00:00:00 +0530 Tue, 17 Sep 2024 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758692 HC dismissed bail application in money laundering case. Petitioner was identified as mastermind in routing funds through bank accounts using entry providers for commission. Court found direct allegations establishing petitioner's involvement in proceeds of crime as key person in nexus that provided entries for laundering funds. Despite prolonged incarceration, HC held socio-economic offences require different bail approach due to deep-rooted conspiracies affecting society's moral fiber and causing irreparable harm. Case-Laws Money Laundering Fri, 13 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758692