Punishment For Money Laundering In India : Back Home, DK Shivakumar Says "Hang Me If I Have Done Wrong" : Prevention of money laundering act, 2002 is an act of the parliament of india enacted by the.
Query alert service · (1) any person wilfully and maliciously giving false information and so causing an arrest or a search to be made under this act shall on . Find out what exactly it is, why people do it, and the legal consequences. Maximum 3 to 7 years and fine rs 500,000 · in case if it its related to narcotics, drugs or any psychotropic substance then :imprisonment . Punishment for offenses under aml of india (prevention of money laundering act, 2002 pmla). (2) it extends to the whole of india. Back Home, DK Shivakumar Says "Hang Me If I Have Done Wrong" from c.ndtvimg.com Money laundering is still surprisingly prevalent in the u.s. Money laundering is a serious crime under federal law. The pmla prescribes rigorous imprisonment for at least 3 (three) years which may extend up to 7 (seven) years and also a fine. Query alert