The Supreme Court on Wednesday upheld stringent provisions of Prevention of Money Laundering Act in relation to expansive definition of proceeds of crime, search and seizure, power of arrest, attachment of properties and tough bail conditions.
The verdict delivered by a three-judge bench of Justices AM Khanwilkar, Dinesh Maheshwari and CT Ravi Kumar is likely to affect a huge number of opposition leaders who are under the scanner of the central investigating agency responsible for fighting financial crimes in India.
