Money laundering poses a serious threat not only to the financial systems of the country but also to its integrity and sovereignty, a Delhi court has said while sentencing a man to four years' rigorous imprisonment for smuggling tiger body parts.
Special Judge Santosh Snehi Mann convicted Surajbhan under Section 3 of Prevention of Money Laundering Act, punishable under Section 4 of PMLA, for committing the offence of money laundering and imposed a fine of Rs 10,000 on him.
"Money laundering poses a serious threat not only to the financial systems of the country but also to its integrity and sovereignty. The Prevention of Money Laundering Act has been enacted on the line of initiatives taken by international community to meet the challenge of laundering of proceeds generated from crimes," the court said.
On September 7, 2013, three men-- Surajpal, Surajbhan and Naresh-- were found smuggling tiger body parts in the boot of their car along with Rs 2.7 lakh under the seat and charges under Wildlife Protection Act and Money Laundering Act were imposed on them.
Surajbhan had confessed that he received the money from Surajpal to procure the parts. Surajpal died during the trial while Naresh was acquitted by the court.
According to the prosecution, Surajpal had paid Surajbhan Rs 6 lakh to get two tiger skeletons against a commission of Rs 50,000-60,000.
The complaint alleged that all the three persons were involved in the criminal
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