Section 5 of the Prevention of Money Laundering Act, 2002 primarily aims to-
Section 5 lets the officer attach property where the proceeds "are likely to be concealed, transferred or dealt with" so as to frustrate confiscation, so its aim is to…
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Section 5 of the Prevention of Money Laundering Act, 2002 primarily aims to-
Answer and explanation
Correct answer D
Section 5 lets the officer attach property where the proceeds "are likely to be concealed, transferred or dealt with" so as to frustrate confiscation, so its aim is to preserve the proceeds until the case is decided. Guilt is decided and punishment imposed by the Special Court, and attachment is not compensation.