https://www.taxtmi.com/caselaws?id=779827 HC denied that petitioner had shown absence of prima facie involvement in money laundering, noting deposits in petitioner's account, close association and business dealings with a co-accused, and statements implicating petitioner in layering and laundering proceeds. However, because petitioner had been in custody about eleven months against a maximum seven-year sentence and trial would require examining 79 witnesses and exhibiting 149 documents (27,639 pages), HC found the right to speedy trial prejudiced and ordered release on regular bail subject to the twin conditions under s.45 PMLA and other usual bail conditions. en-us Fri, 26 Sep 2025 00:00:00 +0530 Tue, 14 Oct 2025 09:39:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779827 HC denied that petitioner had shown absence of prima facie involvement in money laundering, noting deposits in petitioner's account, close association and business dealings with a co-accused, and statements implicating petitioner in layering and laundering proceeds. However, because petitioner had been in custody about eleven months against a maximum seven-year sentence and trial would require examining 79 witnesses and exhibiting 149 documents (27,639 pages), HC found the right to speedy trial prejudiced and ordered release on regular bail subject to the twin conditions under s.45 PMLA and other usual bail conditions. Case-Laws Money Laundering Fri, 26 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779827