https://www.taxtmi.com/caselaws?id=798530 Under the Prevention of Money Laundering Act, attachment may be confirmed on prima facie material showing a person's involvement in receiving, handling, layering or concealing proceeds of crime; final criminal liability remains for trial. An unsubstantiated loan explanation, later inclusion in the ECIR, absence of an initial direct money trail, or reliance partly on a co-accused's statement does not defeat attachment where independent electronic, documentary and circumstantial material supports the laundering nexus. Where directly derived proceeds are unavailable, untraceable, laundered or held outside India, property of equivalent value may be attached, including property acquired before the criminal activity. en-us Wed, 19 Aug 2026 00:00:00 +0530 Wed, 09 Sep 2026 08:20:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798530 Under the Prevention of Money Laundering Act, attachment may be confirmed on prima facie material showing a person's involvement in receiving, handling, layering or concealing proceeds of crime; final criminal liability remains for trial. An unsubstantiated loan explanation, later inclusion in the ECIR, absence of an initial direct money trail, or reliance partly on a co-accused's statement does not defeat attachment where independent electronic, documentary and circumstantial material supports the laundering nexus. Where directly derived proceeds are unavailable, untraceable, laundered or held outside India, property of equivalent value may be attached, including property acquired before the criminal activity. Case-Laws Money Laundering Wed, 19 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798530