Not Trying To Protect TASMAC, Won't Close Predicate FIRs': State To Madras High Court On Apprehension Of PMLA Action Being Rendered Infructous

Madras HC: TASMAC CBI Probe - State Tells FIR Will Not Be Closed if PMLA Predicate Offence The Madras High Court was informed by the state that the FIR (First Information Report) in the TASMAC (Tamil Nadu State Marketing Corporation) CBI probe will not be closed if it involves a predicate offense under the Prevention of Money Laundering Act (PMLA). This statement indicates that even if certain aspects of the initial investigation conclude, the money laundering angle, which requires a predicate offense, will continue to be pursued. This underscores the seriousness of money laundering investigations and the interconnectedness of various criminal probes.