Black Money – Domestic and International Efforts

Only ill-gotten assets a crime, observes SC judge

  1. Context: SC hearing the wealth case involving Tamil Nadu Chief Minister Jayalalithaa
  2. SC: Acquisition of assets per se is not a crime unless proved that the source of funds is illegal
  3. The court asked how Karnataka could prove that the money circulated among the co-accused was that of Ms. Jayalalithaa
  4. Ms. Jayalalithaa had argued that the prosecution cannot presume that she was the source of the money flow merely because the co-accused lived in the same house as her
  1. Context: SC hearing the wealth case involving Tamil Nadu Chief Minister Jayalalithaa
  2. SC: Acquisition of assets per se is not a crime unless proved that the source of funds is illegal
  3. The court asked how Karnataka could prove that the money circulated among the co-accused was that of Ms. Jayalalithaa
  4. Ms. Jayalalithaa had argued that the prosecution cannot presume that she was the source of the money flow merely because the co-accused lived in the same house as her
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