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Mysuru's Evening Daily · Since 1978
Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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Money laundering: Pak terrorist gets 7 years RI

Bengaluru: Eleven years after the arrest of a Pakistan-based terrorist in Mysuru, the Principal City Civil and Sessions Court in Bengaluru yesterday convicted Mohammed Fahad Hai under the Prevention of Money Laundering…

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Published July 26, 2017 · 2 min read
money laundering: pak terroris

Bengaluru: Eleven years after the arrest of a Pakistan-based terrorist in Mysuru, the Principal City Civil and Sessions Court in Bengaluru yesterday convicted Mohammed Fahad Hai under the Prevention of Money Laundering Act, 2002, (PMLA) and sentenced him to seven years of rigorous imprisonment and a fine of Rs. 10,000. The conviction became the first for Enforcement Directorate under the PMLA Act.

Judge Basavaraj S. Sappannanavar also directed the authorities to confiscate cash from his bank account amounting to Rs. 44,174 along with the interest, which is estimated to add up to Rs. 90,470.

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