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What constitutes a s uspicious transaction under PMLA?

constitutes pmla transaction
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What constitutes a s uspicious transaction under PMLA?

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Suspicions transaction means a transaction whether or not made in cash which, to a person acting in good faith – gives rise to a reasonable ground of suspicion that it may involve the proceeds of crime; or appears to be made in circumstances of unusual or unjustified complexity; or appears to have no economic rationale or bonafide purpose; or gives rise to a reasonable ground of suspicion that it may involve financing of the activities relating to terrorism

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