https://www.taxtmi.com/caselaws?id=771727 A party's own statement admitting assistance in borrower risk assessment, loan disbursement connectivity, and recovery services was treated as material showing participation in the offending financial arrangement, so attachment of its properties was sustained. The tribunal also found no infirmity in the quantification of the proceeds of crime because the assessment was based on the available material, including the appellant's statement, and the appellant produced no supporting documents despite time to do so. In the absence of rebuttal evidence, the attached amount was upheld as only part of the assessed receipts linked to unlawful activity. en-us Tue, 04 Mar 2025 00:00:00 +0530 Fri, 30 May 2025 08:55:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771727 A party's own statement admitting assistance in borrower risk assessment, loan disbursement connectivity, and recovery services was treated as material showing participation in the offending financial arrangement, so attachment of its properties was sustained. The tribunal also found no infirmity in the quantification of the proceeds of crime because the assessment was based on the available material, including the appellant's statement, and the appellant produced no supporting documents despite time to do so. In the absence of rebuttal evidence, the attached amount was upheld as only part of the assessed receipts linked to unlawful activity. Case-Laws Money Laundering Tue, 04 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771727