https://www.taxtmi.com/news?id=39669 A criminal probe into alleged embezzlement at a cooperative bank resulted in the former chairman and his wife being declared proclaimed offenders after they left the country; investigators obtained non bailable warrants, issued a Blue Corner Notice, arrested multiple executives, conducted polygraph and brain mapping tests, and found that NPA accounts were sold to an asset reconstruction entity for markedly lower recoveries, prompting plans for a forensic audit and summons to asset purchaser officials. en-us Thu, 03 Apr 2025 20:31:03 +0530 Thu, 03 Apr 2025 20:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39669 A criminal probe into alleged embezzlement at a cooperative bank resulted in the former chairman and his wife being declared proclaimed offenders after they left the country; investigators obtained non bailable warrants, issued a Blue Corner Notice, arrested multiple executives, conducted polygraph and brain mapping tests, and found that NPA accounts were sold to an asset reconstruction entity for markedly lower recoveries, prompting plans for a forensic audit and summons to asset purchaser officials. News - Thu, 03 Apr 2025 20:31:03 +0530 https://www.taxtmi.com/news?id=39669