https://www.taxtmi.com/caselaws?id=786876 Money laundering under the PMLA is treated as a distinct and continuing offence, separate from the scheduled offence. The Madras HC's reasoning, as described, rejects objections based on double jeopardy and retrospectivity because prosecution under the PMLA proceeds on an independent statutory basis, even where the predicate offences under the Prevention of Corruption Act and the IPC have already resulted in conviction. On the evidence, the Court found that property and construction proceeds were acquired and used far beyond known income and were projected as untainted, satisfying the ingredients of possession, acquisition, use and projection of proceeds of crime as clean property. The statutory presumption was not rebutted, and the conviction was upheld. en-us Wed, 11 Feb 2026 00:00:00 +0530 Sat, 21 Feb 2026 09:29:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786876 Money laundering under the PMLA is treated as a distinct and continuing offence, separate from the scheduled offence. The Madras HC's reasoning, as described, rejects objections based on double jeopardy and retrospectivity because prosecution under the PMLA proceeds on an independent statutory basis, even where the predicate offences under the Prevention of Corruption Act and the IPC have already resulted in conviction. On the evidence, the Court found that property and construction proceeds were acquired and used far beyond known income and were projected as untainted, satisfying the ingredients of possession, acquisition, use and projection of proceeds of crime as clean property. The statutory presumption was not rebutted, and the conviction was upheld. Case-Laws Money Laundering Wed, 11 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786876