https://www.taxtmi.com/caselaws?id=774940 The Kerala HC dismissed a petition challenging money laundering charges despite the petitioner's name being excluded from final reports in the underlying scheduled offence. The court held that under PMLA Section 3, any person directly or indirectly involved in processes connected with proceeds of crime commits money laundering, including concealment, possession, acquisition, use, or projection of such proceeds as untainted property. The court distinguished the Supreme Court's Vijay Madanlal Choudhary ruling, noting it applies when a person is acquitted of the scheduled offence, not when money laundering is alleged as a distinct offence. Citing Pavana Dibbur, the court emphasized that even persons not involved in the original criminal activity can be prosecuted under PMLA if they participated in concealment or use of proceeds of crime. The court concluded that allegations of involvement in processes connected with proceeds of crime can exist independently of involvement in generating those proceeds. en-us Mon, 24 Mar 2025 00:00:00 +0530 Thu, 17 Jul 2025 08:19:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774940 The Kerala HC dismissed a petition challenging money laundering charges despite the petitioner's name being excluded from final reports in the underlying scheduled offence. The court held that under PMLA Section 3, any person directly or indirectly involved in processes connected with proceeds of crime commits money laundering, including concealment, possession, acquisition, use, or projection of such proceeds as untainted property. The court distinguished the Supreme Court's Vijay Madanlal Choudhary ruling, noting it applies when a person is acquitted of the scheduled offence, not when money laundering is alleged as a distinct offence. Citing Pavana Dibbur, the court emphasized that even persons not involved in the original criminal activity can be prosecuted under PMLA if they participated in concealment or use of proceeds of crime. The court concluded that allegations of involvement in processes connected with proceeds of crime can exist independently of involvement in generating those proceeds. Case-Laws Money Laundering Mon, 24 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774940