https://www.taxtmi.com/news?id=40662 Allegations describe diversion of sanctioned bank loan proceeds for a purported wind project through shell entities and affiliated companies, with funds layered and transferred to settle existing liabilities; searches uncovered documentary and digital evidence alleged to show layering, sham agreements and asset acquisition, and authorities report identification of assets as proceeds of crime with steps underway for quantification and attachment under the PMLA. en-us Fri, 11 Apr 2025 20:01:04 +0530 Fri, 11 Apr 2025 20:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40662 Allegations describe diversion of sanctioned bank loan proceeds for a purported wind project through shell entities and affiliated companies, with funds layered and transferred to settle existing liabilities; searches uncovered documentary and digital evidence alleged to show layering, sham agreements and asset acquisition, and authorities report identification of assets as proceeds of crime with steps underway for quantification and attachment under the PMLA. News - Fri, 11 Apr 2025 20:01:04 +0530 https://www.taxtmi.com/news?id=40662