https://www.taxtmi.com/news?id=35720 The Economic Offences Wing is investigating alleged embezzlement at New India Co-Operative Bank after an RBI inspection; the former chairperson and vice chairperson are wanted abroad while several bank officials and associates have been arrested. The probe alleges diversion of funds to multiple recipients and deposition into trusts to obtain tax benefit, has obtained court permission for a forensic psychological and polygraph examination of a key accused, and will seek attachment of properties traced to the accused. en-us Fri, 28 Feb 2025 22:16:03 +0530 Fri, 28 Feb 2025 22:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35720 The Economic Offences Wing is investigating alleged embezzlement at New India Co-Operative Bank after an RBI inspection; the former chairperson and vice chairperson are wanted abroad while several bank officials and associates have been arrested. The probe alleges diversion of funds to multiple recipients and deposition into trusts to obtain tax benefit, has obtained court permission for a forensic psychological and polygraph examination of a key accused, and will seek attachment of properties traced to the accused. News - Fri, 28 Feb 2025 22:16:03 +0530 https://www.taxtmi.com/news?id=35720