The Proceeds of Crime Act applies to everyone — including politicians.If you profit from corruption, fraud, or criminal conduct in Australia, you’re not above the law. Not even in Parliament. | Madison King

Delhi High Court recently held that even though cricket betting is not a scheduled offence under the Prevention of Money Laundering Act, 2002 (PMLA), property generated from illegal betting can be attached as the proceeds of crime by the Enforcement Directorate (ED). The Court ruled that the money made from betting using criminal acts of forgery, cheating, and conspiracy is 'proceeds of crime' under Sec 2(1)(u) of the PMLA. #BarandBench #legalnews #DelhiHighCourt | Bar & Bench