Court dismisses PMLA case against Moser Baer, Ratul Puri & 11 others
A Delhi court dismissed a money laundering case against Ratul Puri, Moser Baer India Ltd, and 11 others after the predicate corruption offence registered by the CBI collapsed. The case involved alleged bank frauds of ₹1,101 crore. Special Judge Sushant Changotra stated that no offence under the Prevention of Money Laundering Act (PMLA) survived without proceeds of crime.
A Delhi court dismissed a money laundering case against Ratul Puri, Moser Baer India Ltd, and 11 others after the predicate corruption offence registered by the CBI collapsed. The case involved alleged bank frauds of ₹1,101 crore. Special Judge Sushant Changotra stated that no offence under the Prevention of Money Laundering Act (PMLA) survived without proceeds of crime. What's Your Reaction?
