The Supreme Court on July 12 held that the power to arrest under the Prevention of Money Laundering Act cannot be exercised on the “whims and fancies” of Directorate of Enforcement officers. Highlighting that PMLA allowed arrests on the subjective opinion of ED officers, the court said an officer’s “reasons to believe” that a person was guilty and deserved arrest …
The Bombay High Court refused to direct the release of Maharashtra Cabinet Minister Nawab Malik in a money laundering case over his "involvement in terror funding" based on a 1999- 2005 land deal concerning Dawood Ibrahim's sister. " A division bench of Justices PB Varale and SM Modak passed the order on Malik's habeas corpus petition seeking interim reliefs of …
