https://www.taxtmi.com/caselaws?id=798067 PMLA attachment may extend to property of equivalent value where directly derived proceeds of crime are unavailable, siphoned off or untraceable, including assets acquired before the alleged criminal activity. An insurance policy remained attachable because later premiums were paid from funds intermingled with and layered through alleged proceeds of crime; money laundering was treated as a continuing offence. Attachment is not limited to property previously quantified as proceeds of crime or to persons accused in the predicate offence, where another person holds or is involved with such proceeds. An inadvertent reference to an unrelated company did not undermine reasons to believe where other material supported the funds' nexus. Discharge of a co-accused based on personal lack of knowledge did not determine another person's position. en-us Tue, 11 Aug 2026 00:00:00 +0530 Wed, 02 Sep 2026 08:30:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798067 PMLA attachment may extend to property of equivalent value where directly derived proceeds of crime are unavailable, siphoned off or untraceable, including assets acquired before the alleged criminal activity. An insurance policy remained attachable because later premiums were paid from funds intermingled with and layered through alleged proceeds of crime; money laundering was treated as a continuing offence. Attachment is not limited to property previously quantified as proceeds of crime or to persons accused in the predicate offence, where another person holds or is involved with such proceeds. An inadvertent reference to an unrelated company did not undermine reasons to believe where other material supported the funds' nexus. Discharge of a co-accused based on personal lack of knowledge did not determine another person's position. Case-Laws Money Laundering Tue, 11 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798067