https://www.taxtmi.com/caselaws?id=466291 Bail under the PMLA proviso was refused where the petitioner, a bank employee, allegedly assisted a co-accused in unauthorised leaking of an examination paper by arranging printing, maintaining communications, concealing funds and receiving financial benefits; Rs. 20 lakhs linked to the scheme was recovered from the petitioner's family premises. The court held that liability under the PMLA extends to persons who assist, conceal, acquire or possess proceeds generated by third-party criminal activity, so Section 3 applies notwithstanding that the petitioner did not personally generate the criminal proceeds. Bail application dismissed. en-us Wed, 07 May 2025 00:00:00 +0530 Sun, 01 Feb 2026 19:07:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466291 Bail under the PMLA proviso was refused where the petitioner, a bank employee, allegedly assisted a co-accused in unauthorised leaking of an examination paper by arranging printing, maintaining communications, concealing funds and receiving financial benefits; Rs. 20 lakhs linked to the scheme was recovered from the petitioner's family premises. The court held that liability under the PMLA extends to persons who assist, conceal, acquire or possess proceeds generated by third-party criminal activity, so Section 3 applies notwithstanding that the petitioner did not personally generate the criminal proceeds. Bail application dismissed. Case-Laws Money Laundering Wed, 07 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466291