The Delhi High Court ruled that money earned from illegal cricket betting can be attached by the ED if it originates from criminal acts linked to scheduled offences under PMLA. It held that the illegal origin of funds continues to taint all profits, even if betting itself is not a scheduled offence.
The PMLA Appellate Tribunal has dismissed Congress MP Karti P Chidambaram’s appeal and upheld the ED’s attachment of his Delhi property and bank accounts worth crores in the INX Media money laundering case.
