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Assets linked to ₹2400cr betting scam to fall under PMLA: Delhi HC
short by Shristi Acharya / on 25 Nov 2025,Tuesday
Delhi HC ruled that ED can attach assets linked to forgery, cheating, and conspiracy under Prevention of Money Laundering Act (PMLA). This comes in light of a ₹2,400-crore cricket-betting scam, and ED can attach assets generated from illegal betting, even though cricket betting isn't scheduled offence under PMLA. Money generated via these means could be treated as "proceeds of crime".
short by Shristi Acharya / 07:14 pm on 25 Nov
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