<h1>Alleged money laundering: chargesheet contested as bogus after MLA's court appearance; proceedings and challenges continue.</h1> The Enforcement Directorate's supplementary chargesheet alleges that bank officers and associated parties effected a fraudulent sale of cooperative sugar mill assets after SARFAESI Act possession, using a questionable valuation and a low reserve price that advantaged related bidders, forming the basis for money-laundering and related offences. The accused appeared, executed a provisional release bond, and defence counsel described the chargesheet as bogus while reserving the right to challenge its sufficiency; further hearings are scheduled.