Question

Under Section 23 of PMLA, if money-laundering involves two or more inter-connected transactions and one is proved to be involved in money-laundering, what presumption arises?

A All transactions are presumed legitimate unless proved otherwise
B The accused is presumed guilty of all transactions beyond reasonable doubt
C The remaining transactions are presumed to form part of the inter-connected transactions, unless otherwise proved
D The prosecution need not produce any further evidence
E The Adjudicating Authority shall confiscate all connected transactions automatically
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