Amendment of Prevention of Money Laundering Act, 2002

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..... Amendment of Prevention of Money Laundering Act, 2002
News and Press Release
Dated:- 6-6-2008

The Union Cabinet today gave its approval for introduction of a Bill, namely the Prevention .....

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..... of Money-laundering (Amendment) Bill, 2008 in the Parliament. The Amendment Bill will enable the Government of India to meet certain domestic needs and international obligations. Background The .....

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..... Prevention of Money Laundering Act, 2002 (PML Act) ( 15 of 2003) was enacted in 2002 and enforced in 2005 to prevent money laundering and to provide for attachment, seizure and confiscation of proceed .....

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..... s of crime obtained or derived, directly or indirectly from money laundering and for matters connected therewith or incidental thereto.
News - Press release - PIB .....

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