Indirect involvement liable for prosecution u/s. 3 of Prevention of Money Laundering Act, 2002

T.D. Sonia Vs Deputy Director Directorate of Enforcement Government of India (Madras High Court) Madras High Court held that even if the accused was not involved in the criminal activity that generated the proceeds of crime, but, if he is involved in some way or the other with the proceeds of crime so generated, he would be liable to be prosecuted under Section 3 read with 4 of the Prevention of Money Laundering Act. Facts- One TD Naidu, father of Tataji and Sonia obtained huge loans from Andhra Bank and Union Bank of India for starting a medical college in the name of DD Medical College in Ti...