https://www.taxtmi.com/caselaws?id=776618 The AT under SAFEMA upheld the attachment of property of equivalent value where the proceeds of crime were not found with the appellant, having vanished. It rejected the appellant's contention that property acquired prior to the offence could not be attached, relying on precedent affirming that if direct proceeds are unavailable, equivalent property may be attached. The appeal challenging the attachment order was dismissed for lack of merit. en-us Thu, 03 Jul 2025 00:00:00 +0530 Thu, 14 Aug 2025 08:26:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776618 The AT under SAFEMA upheld the attachment of property of equivalent value where the proceeds of crime were not found with the appellant, having vanished. It rejected the appellant's contention that property acquired prior to the offence could not be attached, relying on precedent affirming that if direct proceeds are unavailable, equivalent property may be attached. The appeal challenging the attachment order was dismissed for lack of merit. Case-Laws Money Laundering Thu, 03 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776618