Bribe Giver is a Party to “Proceeds of Crime” under PMLA: Supreme Court

Directorate of Enforcement Vs Padmanabhan Kishore (Supreme Court of India) Conclusion: Hon’ble Supreme Court held that by handing over money with the intent of giving bribe, such person will be assisting or will knowingly be a party to an activity connected with the proceeds of crime under Prevention of Money Laundering Act, 2002. Facts: In present facts of the case, the appeal was filed against the final judgment and order dated 1.3.2021 passed by the High Court of Judicature at Madras in Writ Petition No. 25670/2019. The writ petition was filed by the respondent herein seeking quashing of ...