PMLA Bites Beyond Accused: Tribunal Upholds ₹3.33 Cr Attachment in Vyapam Money Laundering Case

Dr. Jagdeesh Sagar Vs Sunita Sagar (Appellate Tribunal Under SAFEMA at Delhi) The Appellate Tribunal under SAFEMA dismissed the appeals and upheld the attachment of properties worth ₹3.33 crore under the PMLA in connection with the Vyapam scam, holding that the properties constituted “proceeds of crime or value thereof”. The Tribunal rejected the plea of violation of natural justice, noting that Dr. Jagdeesh Sagar had duly acknowledged receipt of the show cause notice along with relied documents while in judicial custody, and adequate opportunity was available through representation. Tec...