https://www.taxtmi.com/news?id=39786 Arrest under the Prevention of Money Laundering Act of a Punjab-based individual alleged to be the head of an international narcotics syndicate who imported drugs through international supply chains, used shell entities to launder receipts, reinvested proceeds in immovable property and a liquor business, and transferred funds overseas via hawala channels; the investigation stems from a narcotics predicate seizure and alleges processing and distribution of illicit drugs through foreign nationals. en-us Fri, 04 Apr 2025 18:46:03 +0530 Fri, 04 Apr 2025 18:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39786 Arrest under the Prevention of Money Laundering Act of a Punjab-based individual alleged to be the head of an international narcotics syndicate who imported drugs through international supply chains, used shell entities to launder receipts, reinvested proceeds in immovable property and a liquor business, and transferred funds overseas via hawala channels; the investigation stems from a narcotics predicate seizure and alleges processing and distribution of illicit drugs through foreign nationals. News - Fri, 04 Apr 2025 18:46:03 +0530 https://www.taxtmi.com/news?id=39786