Question

When is a person said to be guilty of the offence of

Q: Answer-When is a person said to be guilty of the offence of money-laundering as per the Prevention of Money...

Section 3 Offence of money-laundering.

money-laundering as per the Prevention of Money-Laundering Act, 2002?

A Whosoever directly or indirectly attempts to conceal property

B Whosoever directly or indirectly attempts to indulge or knowingly assists or knowingly is a party or is actually involved in any process or activity connected with the proceeds of crime including its concealment, possession, acquisition or use and projecting or claiming it as untainted property

C A person shall be guilty of offence of money-laundering if such person is involved in one or more of the processes or activities connected with proceeds of crime

D Both (b) and (c)

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CBI APP and PP

When is a person said to be guilty of the offence of

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