Examples of Predicate offence in a sentence
Predicate offence" refers to the offence which is at the origin of a laundering offence, that is, the offence which generated the proceeds.
This newly amendment law gives definition to Proceeds of offence and includes some Predicate offence; and imposes heavier punishment for money laundering offence.
Back-to-back loan used to launder funds (Predicate offence: forged loan agreement, in particular the failure to mention the security underlying the loan and money laundering) Mr. X was a criminal who deposited funds via one of his corporate vehicles (Company A) into an account at Bank S.
Trustee Brenda Culver seconded the motion and on a recorded roll call ordered by the Chair the following trustees voted yea: John Brooks, Gary Carter, Michael Correll, Brenda Culver, Andrew Fischer, Al Henager, Marilyn Wolfe.
Written proxies for any general meeting of shareholders shall be deposited with the Company at its registered office or with any Director at least two (2) days before the date set for the meeting, unless the Company determines a shorter period.