Summary of this article
Delhi HC rules profits from bribe money investments in shares are proceeds of crime.
Court states augmented value remains linked to the original illicit source.
Money laundering offence continues through layering and integration into the economy.
The Delhi High Court has ruled that any profits generated from investing bribe money in the stock market would be considered proceeds of crime and constitute an offence under the money laundering law, PTI reported.
The court observed that an increase in value does not cleanse the tainted source, noting that “the augmented value is inextricably and indirectly derived from the original illicit source of bribe .”
A bench comprising Justices Anil Kshetarpal and Harish Vaidyanathan Shankar, in its November 3 judgment, ex

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