2023 PTD 1434

Case Laws / Head Notes / Paras

Inquiry and investigation—Non-framing of rules— Effect—Process for inquiry/investigation under Anti-Money Laundering Act, 2010 and Standard Operating Procedure is expansive and envisages rigorous and intrusive regime that does not warrant any further guidance to investigating officers through rules—Standard Operating Procedures are consistent with the provisions of Income Tax Ordinance, 2001 and Directorate (I&I) Inland Revenue can frame in- house rules for conducting investigation of offences of money laundering—Rules are neither necessary nor inevitable for carrying out functions of investigating and prosecuting agencies under Ss. 8 & 9 of Anti-Money Laundering Act, 2010—Non-framing of rules does not impair functions of investigating officer in...