For the knowing-assistance route in section 3 of the Prevention of Money-laundering Act, 2002, which…
Section 3 expressly refers to knowingly assisting a process or activity connected with proceeds of crime. That route must be distinguished from the section’s separate…
Choose your answer
For the knowing-assistance route in section 3 of the Prevention of Money-laundering Act, 2002, which matter must the person assisting activity connected with the property know?
Answer and explanation
Correct answer A
Section 3 expressly refers to knowingly assisting a process or activity connected with proceeds of crime. That route must be distinguished from the section’s separate attempt and actual-involvement language. Anoop Bartaria rejected treating knowledge as a universal condition precedent to lodging every money-laundering complaint.