Question

Consider the following statements regarding Evidence Act applicability in PMLA proceedings: Statement 1: Hearsay evidence is admissible in PMLA proceedings under Section 24 of the Indian Evidence Act. Statement 2: Documentary evidence of transactions, though not signed by the accused, is admissible in PMLA proceedings to prove proceeds of crime. Statement 3: PMLA proceedings follow the ordinary criminal procedure and Evidence Act provisions strictly. Statement 4: Statements recorded under Section 24 of PMLA (reverse burden) may be used as evidence without full compliance with recording procedures. Which statements are correct?

A Statements 1 and 3 only
B Statements 2 and 3 only
C Statements 1 and 4 only
D Statements 2 only
E Statements 1, 2, and 4 only
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