https://www.taxtmi.com/caselaws?id=797347 Money laundering liability under the Prevention of Money Laundering Act requires cogent material establishing culpable intent and knowing involvement with proceeds of crime. Uncorroborated co-accused statements alleging peripheral facilitation, without documentary or electronic evidence, a money trail, recovery, attachment, control of funds, participation in the predicate offence, or personal benefit, do not establish the required mens rea. Mere suspicion or an expectation that evidence may emerge at trial cannot sustain prosecution. Proceedings were quashed because the material did not disclose a sustainable money-laundering case against the petitioners. en-us Fri, 09 Jan 2026 00:00:00 +0530 Fri, 21 Aug 2026 10:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797347 Money laundering liability under the Prevention of Money Laundering Act requires cogent material establishing culpable intent and knowing involvement with proceeds of crime. Uncorroborated co-accused statements alleging peripheral facilitation, without documentary or electronic evidence, a money trail, recovery, attachment, control of funds, participation in the predicate offence, or personal benefit, do not establish the required mens rea. Mere suspicion or an expectation that evidence may emerge at trial cannot sustain prosecution. Proceedings were quashed because the material did not disclose a sustainable money-laundering case against the petitioners. Case-Laws Money Laundering Fri, 09 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797347