Court Rules Secured Creditors Protected Under PMLA: Innocent Banks Can Keep Properties Unlinked to Criminal Proceeds.

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....Offence under PMLA - bank is an innocent party and victim from the hand of borrowers, being a secured creditors, the mortgaged properties cannot be attached equivalent to the value thereof if the said properties are not purchased from the proceed of crime or as a result of criminal activity at the time of sanctioning the loan.....