Supreme Court set to review PMLA verdict, reconsider two provisions

The Supreme Court on Thursday agreed to consider a plea seeking a review of its earlier judgment upholding the constitutional validity of anti-money laundering provisions, including the powers of arrest and seizure.

The court said it would re-examine two provisions of the Prevention of Money Laundering Act (PMLA), one with respect to providing a copy of the Enforcement Case Information Report (ECIR) to the accused and another related to the burden of proof on the accused regarding innocence.

A Bench headed by Chief Justice N V Ramana said prima facie the two issues, including not providing the ECIR,