https://www.taxtmi.com/caselaws?id=764879 The HC rejected the bail application for an applicant charged with drug trafficking and money laundering. Despite prior conviction by US authorities for related offenses, the court held that foreign convictions do not preclude domestic prosecution for distinct offenses under Indian law. The court noted that while foreign court judgments can be recognized by Indian authorities, they cannot be directly enforced. The applicant's statement under Section 50 lacked independent corroboration, and evidence showed money transfers to Indian accounts during the relevant period. The court found no grounds to grant bail and emphasized the need for corroborative evidence when relying on statements made under coercion. en-us Tue, 07 Jan 2025 00:00:00 +0530 Mon, 20 Jan 2025 17:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764879 The HC rejected the bail application for an applicant charged with drug trafficking and money laundering. Despite prior conviction by US authorities for related offenses, the court held that foreign convictions do not preclude domestic prosecution for distinct offenses under Indian law. The court noted that while foreign court judgments can be recognized by Indian authorities, they cannot be directly enforced. The applicant's statement under Section 50 lacked independent corroboration, and evidence showed money transfers to Indian accounts during the relevant period. The court found no grounds to grant bail and emphasized the need for corroborative evidence when relying on statements made under coercion. Case-Laws Money Laundering Tue, 07 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764879