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2022 (11) TMI 102 - HC - Money LaunderingSeeking grant of anticipatory bail - Money laundering - proceeds of crime - scheduled offence - offence of cheating and dishonestly inducing delivery of property - attachment of the property - HELD THAT:- Against the alleged proceeds of crime to the tune of Rs.10,15,94,961/- properties valued at Rs.4,21,85,018 have been identified and have been provisionally attached vide PAO No.09/2018 dated 31.03.2018. A complaint under section 5(5) of PMLA 2002 vide O.C. No.947/2018 dated 23.04.2018 was filed before the Hon’ble Adjudicating Authority under PMLA for confirmation of the provisional attachment order and Authority under PMLA confirmed the provisional Attachment order No.09/2018 vide order dated 05.09.2018 considering the fact that the petitioner has committed the scheduled offence, generated proceeds of crime and laundered them - Hence the property in the name of Neelam Devi, w/o Dinesh Prasad Gupta has rightly been identified for attachment. Considering the aforesaid facts and circumstances, it is pertinent that the petitioner has not produced any document to show that he purchased the said land from own money - Petitioner along with his partner i.e. other accused persons are involved in concealment, possession, acquisition and using properties acquired out of proceeds of crime and projecting the same as untainted, as such, the privilege of anticipatory bail cannot be granted. Application dismissed.
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