The Delhi High Court has ruled that profits made from investing bribe money in the stock market remain “proceeds of crime” under the PMLA. The court said appreciation in value doesn’t cleanse the tainted origin of bribe-derived funds.
The Delhi High Court criticized the police for the prolonged trial in the 2020 riots conspiracy case, noting the accused, Tasleem Ahmed, has been jailed for over five years without charges. The defense argued for bail due to the delay, while the prosecution cited adjournments requested by the defense. The hearing continues.
