The court said the offences they were charged with don't fall in the schedule of the Prevention of Money Laundering Act (PMLA) and hence there cannot be any “proceeds of crime” as defined by the Act.
The Supreme Court on Monday (April 08) quashed the money laundering case in relation to the alleged Chhattisgarh liquor scam. The Court noted that the complaint filed by the Enforcement Directorate.
The ED in July last year submitted a charge sheet in the case claiming that Rs.776 crore of the Rs.2,161 crore collected in the Chhattisgarh liquor scam by Dhebar, the prime accused, went to “political executives” | Latest News India