No attachment of properties under PMLA after acquittal in scheduled offence
Thu, May 2, 2024 12:23 PM

No attachment of properties under PMLA after acquittal in scheduled offence

A Flip by Riya Sharma
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The Delhi High Court has held that no proceedings under the Prevention of Money Laundering Act (PMLA), including attachment of properties, can continue after the accused is acquitted in the predicate offence even if an appeal against it is pending. The court, in a decision released on Wednesday, stated that mere filing of the appeal against the acquittal in the predicate offence.

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