https://www.taxtmi.com/news?id=37553 Money laundering by public officials causes systemic economic harm and undermines public confidence; the PMLA functions to prevent illicit funds entering the formal economy and to confiscate proceeds of crime. Allegations of abuse of official position that amount to continuing offences under the PMLA necessitate full trial scrutiny to trace transactions and quantify proceeds. Such allegations qualify as cognisable offences, so no preliminary inquiry is legally required before FIR registration; procedural objections and successive FIR claims are to be addressed during investigation and trial, with statutory remedies available to the accused. en-us Mon, 17 Mar 2025 20:31:03 +0530 Mon, 17 Mar 2025 20:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37553 Money laundering by public officials causes systemic economic harm and undermines public confidence; the PMLA functions to prevent illicit funds entering the formal economy and to confiscate proceeds of crime. Allegations of abuse of official position that amount to continuing offences under the PMLA necessitate full trial scrutiny to trace transactions and quantify proceeds. Such allegations qualify as cognisable offences, so no preliminary inquiry is legally required before FIR registration; procedural objections and successive FIR claims are to be addressed during investigation and trial, with statutory remedies available to the accused. News - Mon, 17 Mar 2025 20:31:03 +0530 https://www.taxtmi.com/news?id=37553