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Vijay Madanlal Choudhary vs Union Of India on 27 July, 2022

30. While the offence of money laundering is dependent on the existence of the predicate offence, it is also an independent offence which seeks to prosecute the persons dealing with proceeds of crime. In other words, the offence of money laundering is not concerned with the ingredients of the alleged predicate offence. It is only concerned with the generation of proceeds of crime and whether the accused has dealt with such proceeds of crime. The independent nature of the offence of money laundering and its connection to scheduled offences was explained by the Supreme Court in Vijay Madanlal Chaudhary (supra) as follows:
Supreme Court of India Cites 580 - Cited by 293 - A M Khanwilkar - Full Document
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