Section 5 of PMLA : Section 5: Attachment Of Property Involved In Money-Laundering

Explanation using Example

Imagine a situation where the Enforcement Directorate (ED) has been investigating a high-profile case of fraud where large sums of money have been illegally obtained by a business tycoon, Mr. X. During the investigation, the ED Director discovers that Mr. X is in possession of a luxury villa which is suspected to be purchased with the proceeds of the crime.

The Director believes that Mr. X may attempt to sell or transfer the villa to a relative to avoid seizure by the authorities. To prevent this, the Director uses the...

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