https://www.taxtmi.com/caselaws?id=775140 In money-laundering proceedings, the Enforcement Directorate is not required to re-investigate the predicate offence; its role is limited to examining the existence of the scheduled offence, proceeds of crime, and possible laundering, while only glaring defects in the predicate investigation may be noticed. The statutory preconditions for provisional attachment under the second proviso to Section 5(1) were found satisfied on the recorded material showing reason to believe that the properties were proceeds of crime and likely to be concealed or transferred. Even where a specific asset is claimed to have been acquired from lawful income, equivalent-value attachment may still be made where direct attachment of tainted property is impracticable. en-us Tue, 08 Jul 2025 00:00:00 +0530 Mon, 21 Jul 2025 08:43:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775140 In money-laundering proceedings, the Enforcement Directorate is not required to re-investigate the predicate offence; its role is limited to examining the existence of the scheduled offence, proceeds of crime, and possible laundering, while only glaring defects in the predicate investigation may be noticed. The statutory preconditions for provisional attachment under the second proviso to Section 5(1) were found satisfied on the recorded material showing reason to believe that the properties were proceeds of crime and likely to be concealed or transferred. Even where a specific asset is claimed to have been acquired from lawful income, equivalent-value attachment may still be made where direct attachment of tainted property is impracticable. Case-Laws Money Laundering Tue, 08 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775140