The Delhi High Court ruled that any increase in the value of assets or shares derived from criminal activities can be treated as “proceeds of crime” under the Prevention of Money Laundering Act (PMLA) and attached by the Enforcement Directorate.
NEW DELHI: The Delhi High Court has asked Baramulla MP Abdul Rashid Sheikh, also known as Engineer Rashid, to pay Rs 3.35 lakh for his travel from Tihar Jail to Parliament. Rashid is currently in jail under charges related to the Unlawful Activities (Prevention) Act (UAPA). A Division Bench of Justices Chandra Dhari Singh and Anup Jairam Bhambhani noted that Rashid had already paid around Rs 1.45 lakh. The Court ruled that he must pay the remaining balance before his final hearing on who should bear the cost of his travel and security expenses.
Today (11th April): The CBI is set to present BRS leader K Kavitha at the Delhi Rouse Avenue Court tomorrow. Kavitha faces legal proceedings related to alleged criminal conspiracy and falsification of accounts. The case involves a liquor policy scam, with accusations of kickbacks to the Aam Aadmi Party. ED investigations have led to provisional asset attachment worth Rs. 128.79 crore.