Money Laundering - The impugned order confirming the provisional ...

Court Urged to Quash Provisional Attachment Order; No Evidence Links Mortgaged Properties to Money Laundering Activities.

January 24, 2020

Case Laws Money Laundering AT

Money Laundering - The impugned order confirming the provisional attachment order is passed without application of mind and without understanding the law, it is liable to be quashed with regards to mortgaged properties in question - there is no nexus whatsoever between the alleged offence and the Appellant Banks as institutions who are the mortgagee of the properties in question which were purchased from the bank’s money and mortgage of the same with them.

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Money Laundering - The impugned order confirming the provisional ...

Court Urged to Quash Provisional Attachment Order; No Evidence Links Mortgaged Properties to Money Laundering Activities.

January 24, 2020

Case Laws Money Laundering AT

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