Can't dodge money laundering charge using new criminal laws: Court in Malegaon case
The Bombay High Court denied bail to a 33-year-old Gujarat resident arrested in a Rs 100-crore money laundering case, ruling that the Prevention of Money Laundering Act (PMLA), 2002, remains valid despite Indian Penal Code (IPC) repeal. It said that offences under the new Bharatiya Nyaya Sanhita (BNS) law still qualify as scheduled offences.
The Bombay High Court denied bail to a 33-year-old Gujarat resident arrested in a Rs 100-crore money laundering case, ruling that the Prevention of Money Laundering Act (PMLA), 2002, remains valid despite Indian Penal Code (IPC) repeal. It said that offences under the new Bharatiya Nyaya Sanhita (BNS) law still qualify as scheduled offences.
