https://www.taxtmi.com/caselaws?id=777286 Provisional attachment under the PMLA depends on recorded reasons to believe, supported by material showing possession of proceeds of crime and a risk of concealment or dissipation; on the facts, bank layering, forged accounts, cash deposits, RTGS rotations and witness statements were treated as sufficient. The Enforcement Directorate is not required to re-investigate the predicate offence and may confine itself to identifying the laundering trail and connected properties. Attachment may also extend to equivalent-value property where the tainted asset is not traceable, including assets acquired before the scheduled offence, and to property held by persons not named as accused if it represents proceeds of crime or is connected with them. en-us Mon, 18 Aug 2025 00:00:00 +0530 Thu, 28 Aug 2025 08:32:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777286 Provisional attachment under the PMLA depends on recorded reasons to believe, supported by material showing possession of proceeds of crime and a risk of concealment or dissipation; on the facts, bank layering, forged accounts, cash deposits, RTGS rotations and witness statements were treated as sufficient. The Enforcement Directorate is not required to re-investigate the predicate offence and may confine itself to identifying the laundering trail and connected properties. Attachment may also extend to equivalent-value property where the tainted asset is not traceable, including assets acquired before the scheduled offence, and to property held by persons not named as accused if it represents proceeds of crime or is connected with them. Case-Laws Money Laundering Mon, 18 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777286