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 Supreme Court has formed a new three-judge Bench to review its 2022 ruling that granted wide powers to the Enforcement Directorate under the PMLA, including arrest, summons, and property raids without safeguards. New Delhi: The Supreme Court formed a new three-judge panel to determine whether its 2022 ruling, which affirmed the Enforcement Directorate’s (ED) […]