PMLA review petition: SC agrees to reconsider judgement

India

oi-Prakash KL

New
Delhi,
Aug
25:
The
Supreme
Court
on
Thursday
said
that
prima
facie
two
issues
relating
to
the
provisions
of
the
Prevention
of
Money
Laundering
Act
need
to
be
reconsidered.

A
bench
of
Chief
Justice
of
India
NV
Ramana,
Justice
Dinesh
Maheshwari
and
CT
Ravikumar
issued
notice
to
the
Centre
on
the
two
issues.

The
two
issues
which
the
Supreme
Court
prima
facie
finds
to
reconsider
is
judgement
upholding
various
provisions
of
the
Prevention
of
Money
Laundering
Act
including
non-providing
of
Enforcement
Case
Investigation
Repor
and
reversal
of
presumption
of
innocence.

During
the
hearing,
the
apex
court
also
noted
that
there
are
some
issues
that
needed
a
re-look
but
it
said
that
the
bench
is
completely
in
support
of
the
prevention
of
black
money
or
money
laundering.

PM’s
security
breach:
What
is
the
Blue
Book
that
SC
sought
changes
in

Solicitor
General
Tushar
Mehta
said,”
This
is
not
a
standalone
provision
for
our
country,
but
the
countries
are
part
of
a
larger
global
structure.
He
also
said
that
it
will
have
global
repercussions.”
The
court
also
said
that
the
offence
of
money
laundering
is
serious
and
the
country
cannot
afford
such
offences.
The
court
said
that
matter
will
be
listed
after
four
weeks.