PMLA Tribunal upholds attachments of kin’s assets in disproportionate assets case | Hyderabad News
The tribunal observed that section 5(1) of the PMLA does not limit attachment proceedings to persons accused in the scheduled or predicate offence Hyderabad: In a significant ruling, the Appellate Tribunal under the Prevention of Money Laundering Act (PMLA) has held that properties can be attached as proceeds of crime even if they are held…
