https://www.taxtmi.com/caselaws?id=470508 Bail under the Prevention of Money Laundering Act requires satisfaction that the accused is not guilty of the alleged offence and is unlikely to commit an offence while on bail. Seizure records, Section 50 statements, shipping documents and links to an exporting entity indicated an active alleged role in transporting and concealing smuggled red sanders through a syndicate connected with proceeds of crime. Framing of charges in the predicate offence is not required before action where the competent officer has material-based reasons to believe that money laundering occurred. Non-cooperation, absconding co-accused and organised activity supported further custody; the bail conditions were not met. en-us Fri, 10 Oct 2025 00:00:00 +0530 Wed, 29 Jul 2026 18:59:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470508 Bail under the Prevention of Money Laundering Act requires satisfaction that the accused is not guilty of the alleged offence and is unlikely to commit an offence while on bail. Seizure records, Section 50 statements, shipping documents and links to an exporting entity indicated an active alleged role in transporting and concealing smuggled red sanders through a syndicate connected with proceeds of crime. Framing of charges in the predicate offence is not required before action where the competent officer has material-based reasons to believe that money laundering occurred. Non-cooperation, absconding co-accused and organised activity supported further custody; the bail conditions were not met. Case-Laws Money Laundering Fri, 10 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470508