Allahabad HC rejects Yadav Singh's chartered accountant plea in PMLA case

Lucknow, Sep 19 (PTI) The Allahabad High Court on Tuesday dismissed a plea of former Noida chief engineer Yadav Singh's chartered accountant Mohan Lal Rathi seeking quashing of a case filed by the Enforcement Directorate under the Prevention of Money Laundering Act.

The PMLA case stems from a CBI FIR registered against the former Noida chief engineer, his family members and CA Rathi in a disproportionate assets case. Later, Rathi turned an approver in the CBI case.

Passing the order, a Lucknow bench of Justice Subhash Vidyarthi observed, “The pardon granted under Section 306 of CrPC to a person in a scheduled offence would not ipso-facto result in his acquittal in the offence under the PMLA, unless, of course, the accused person seeks pardon in the case under PMLA also by making a full and true disclosure of the whole of the circumstances within his knowledge relative to the offence under PMLA also.” The bench dismissed Rathi’s petition by which he had sought quashing of the PMLA case being conducted in a special court constituted under the Act.