Money Laundering Viewed as Continuing Offence; Section 5(1) Applies Retrospectively, Not Just Prospectively.

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....Money Laundering - The concept of continuing offence is keeping the offence alive day by day without wiping the original guilt. Thus, there is an ingredient of continuance of the offence in continuing offence. Therefore, the contention of the petitioner that the second proviso to Section 5(1) is only prospective and not retrospective is without substance or force.....