https://www.taxtmi.com/caselaws?id=776315 The AT under SAFEMA upheld the provisional attachment of gold linked to money laundering under the PMLA Act, 2002. The appellant was found involved in gold smuggling via diplomatic baggage and generating proceeds of crime, corroborated by statements under section 50(2). Despite not being named in one FIR, the appellant was implicated in the ED's prosecution complaint. The tribunal held that attachment of property need not be limited to the accused but can extend to persons who have received proceeds of crime. The appeal challenging the attachment was dismissed. The appellant may seek separate remedies if excess gold beyond the attached value is not released. en-us Wed, 09 Jul 2025 00:00:00 +0530 Fri, 08 Aug 2025 05:20:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776315 The AT under SAFEMA upheld the provisional attachment of gold linked to money laundering under the PMLA Act, 2002. The appellant was found involved in gold smuggling via diplomatic baggage and generating proceeds of crime, corroborated by statements under section 50(2). Despite not being named in one FIR, the appellant was implicated in the ED's prosecution complaint. The tribunal held that attachment of property need not be limited to the accused but can extend to persons who have received proceeds of crime. The appeal challenging the attachment was dismissed. The appellant may seek separate remedies if excess gold beyond the attached value is not released. Case-Laws Money Laundering Wed, 09 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776315