SAFEMA Upheld Property Attachment for Failure to Prove Source of ₹10 Crore Funds

Dyani Antony Paul Vs Deputy Director (Appellate Tribunal Under Safema At New Delhi) The appeals arose from an order dated 23.06.2021 confirming a Provisional Attachment Order (PAO) dated 30.06.2016 under the Prevention of Money Laundering Act, 2002. The case originated from an FIR registered on 21.12.2013 at Ankola Police Station, Karnataka, concerning the killing of an industrialist and co-operative leader. Investigation revealed that the crime was carried out by associates of an underworld operator, with funds arranged from Dubai through hawala channels by an associate acting on instructions...