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Thursday, October 5, 2023

If Sisodia is not part of excise scam money trail, PMLA won't stand: SC

The Supreme Court questioned the Enforcement Directorate (ED) on how Manish Sisodia, senior AAP leader, could be implicated for money laundering if the money did not reach his pocket. The court clarified that its query was not to implicate the party but to seek the agency's response. The bench emphasized that the Prevention of Money Laundering Act (PMLA) requires a connection between a person and the proceeds of crime, and that the act does not recognize the "generation" of money as an offense.

from Times of India https://ift.tt/67yRxEo

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