Under the Prevention of Money-laundering Act, 2002, a person who indirectly helps in laundering…
Section 3's coverage of anyone who "directly or indirectly" assists in the proceeds-of-crime process extends to a person who indirectly helps launder proceeds abroad,…
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Under the Prevention of Money-laundering Act, 2002, a person who indirectly helps in laundering proceeds abroad:
Answer and explanation
Correct answer B
Section 3's coverage of anyone who "directly or indirectly" assists in the proceeds-of-crime process extends to a person who indirectly helps launder proceeds abroad, without confining liability to public servants or amounts above a fixed threshold.