PMLA Court Rules Cheques and Drugs as Proceeds of Crime

The Special Court handling cases under the Prevention of Money Laundering Act (PMLA) delivered a landmark judgment, stating that financial instruments such as cheques and illicit commodities like drugs are to be treated as proceeds of crime. The ruling clarifies that any monetary value derived from illegal activities, whether through banking channels or drug trade, can be seized under the Act. Legal experts note that the decision broadens the scope of assets that enforcement agencies can target in money‑laundering investigations. The court also emphasized that the definition aligns with international anti‑money‑laundering standards, aiming to curb the financing of criminal enterprises. This interpretation is expected to influence ongoing and future PMLA prosecutions across the country.