Patra Chawl land scam: PMLA court says prima facie case of money laundering made out

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A special court under the Prevention of Money Laundering Act (PMLA) has taken cognizance of the chargesheet filed against businessman Pravin Raut, said to be a close aide of Shiv Sena MP Sanjay Raut, and the promoters of a company called HDIL – Rakesh and Sarang Wadhawan. The special PMLA court said that their prima facie involvement in generating proceeds of crime and further laundering it is patent from the evidence.

The court observed, “Prima facie involvement of accused in generating proceeds of crime and further laundering the same as defined under Section 3 read with Section 4 is patent from the complaint, documents and statements under Section 50 of Act.”

Section 3 of PMLA defines money laundering and states, “Whosoever directly or indirectly attempts to indulge or knowingly assists or knowingly is a party or is actually involved in any process or activity connected with the proceeds of crime and projecting it as untainted…

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