Money Laundering Not an Ordinary Crime: SC Slams High Court’s ‘Casual’ Bail Order in PMLA Case
Critiquing the Patna High Court approach of granting bail as "casual and cavalier" the Supreme Court has set aside the bail granted to the individual accused of committing money laundering after observing that the High Court failed to satisfy the twin conditions stipulated under Section 45 of the Prevention of Money Laundering Act, 2002 (“PMLA”). […]