Bail under the Prevention of Money Laundering (PMLA) Act of 2002

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Bail under the Prevention of Money Laundering (PMLA) Act of 2002

The Section 45 of the Prevention of Money Laundering (PMLA) Act of 2002 provides that the accused cannot be granted bail for any offence under the Act unless ‘the public prosecutor’, appointed by the Government, gets a chance to oppose his bail. If he does so, the court has to be convinced that the accused was not guilty of the crime and additionally, that they were not likely to commit any offence while out on bail.