Appeals Dismissed Since PMLA Allows Attachment of Property Held by Non-Accused

Vijay Kumar Vs Deputy Director (Appellate Tribunal Under SAFEMA Delhi) Mortgage No Bar to PMLA Attachment: ED’s Provisional Attachment Confirmed by SAFEMA Tribunal- Not Named in FIR? No Shield Under PMLA –  The Appellate Tribunal under SAFEMA, New Delhi, dismissed appeals filed by Vijay Kumar Kushwaha, Vimlesh Kumar & Rekha Kushwaha against confirmation of Provisional Attachment Order No. 03/2016 dated 28.09.2016 passed under the Prevention of Money Laundering Act, 2002, arising from ECIR/08/PMLA/DNSZO/2013 linked to South Indian Bank fraud. The appeals challenged the Adjudicating Aut...