Seeking grant of bail - Money Laundering - predicate offence - ...

Court Denies Bail to Petitioner in Money Laundering Case Due to Non-Disclosure of Investments, Lack of Transparency.

November 4, 2022

Case Laws Money Laundering HC

Seeking grant of bail - Money Laundering - predicate offence - When the petitioner has not disclosed about the investment, it is for the ED officials to find out any other method to unearth the properties and attach the same. Therefore, when the petitioner himself has not properly explained the investment made by him and is reluctant in giving information, the ED shall make an endeavour to find out truth in various other modes known to law. Hence, the petitioner cannot be released on bail at this stage. - HC

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Seeking grant of bail - Money Laundering - predicate offence - ...

Court Denies Bail to Petitioner in Money Laundering Case Due to Non-Disclosure of Investments, Lack of Transparency.

November 4, 2022

Case Laws Money Laundering HC

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