Moneylaundering in the Lords

Moneylaundering - Requirement for Knowledge
of Illegality - Suspicion Not Enough
R v Saik [2006] UKHL 18
HL
3 May 2006
Daily Law Notes Report Summary
House of Lords Judgment
To be guilty of conspiracy to launder money, contrary to s 93C(2)
of the Criminal Justice Act 1988, s 1(2) of the Criminal Law Act
1977 required that the accused had to be aware that the property
involved was in fact the proceeds of crime or, in the case of
unidentified property, intend that it would be; suspicion was not
enough.