Appellant's Challenge to PMLA Investigation Dismissed Despite 9-Year Delay in Predicate Offence Charge Sheet

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....The AT dismissed the appeal challenging an investigation under the Prevention of Money Laundering Act, 2002. Despite the appellant's argument that the predicate offence agency failed to file a charge sheet for over 9 years, the Tribunal found no delay on the respondent's part, as the ECIR was properly recorded following an FIR registered on 14.12.2016 for offences under Sections 409, 420, 120-B IPC read with Sections 7 and 13 of the Prevention of Corruption Act, 1988. The Tribunal declined to comment on the predicate agency's alleged delay as they were not a party to the proceedings, and the appellant failed to cite any legal provision or precedent establishing how such delay would affect PMLA proceedings.....