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2019 (8) TMI 1138 - HC - Money LaunderingPrevention of Money Laundering - denial of natural justice - denial of supply petitioner’s statement recorded under Section 50(2) - HELD THAT:- Investigation in this sensitive case is in progress and is at a crucial stage. Rules of Natural Justice cannot be invoked at this stage as an accused has no say in the manner and method of investigation. Under the Code of Criminal Procedure, statements recorded under Section 161 of Cr.P.C. are not supplied during the course of investigation and are supplied alongwith the charge-sheet filed. In the instant case also, after completion of investigation in this case, copy of petitioner’s statement under Section 50 of The Prevention of Money Laundering Act, 2002 would be supplied. Petitioner is accused of an offence under The Prevention of Money Laundering Act, 2002 which poses serious threat not only to the financial system of the country but also its integrity and sovereignty. Keeping in view the object of The Prevention of Money Laundering Act, 2002 refusal to supply petitioner’s statement recorded under Section 50 of The Prevention of Money Laundering Act, 2002 to him at this initial stage is justified. This Court is of the considered view that it would not be in the interest of justice to direct supply of petitioner’s statement under Section 50 of The Prevention of Money Laundering Act, 2002 to him when the investigation of this case is at a crucial stage.
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