Retired Excise Guard and Daughter Convicted in PMLA Case for Disproportionate Assets

The CBI Special Court in Bengaluru ordered jail time and fines to retired Excise Guard M. Ramachandra and his daughter R. Yuvaraksha in a case under the Prevention of Money Laundering Act (PMLA). The court found them guilty of disproportionate assets and money laundering. M. Ramachandra was sentenced to 5 years of rigorous imprisonment and fined ₹5 lakh, while R. Yuvaraksha received 3 years of rigorous imprisonment and a fine of ₹3 lakh.