https://www.taxtmi.com/news?id=41349 The Enforcement Directorate filed a chargesheet under the Prevention of Money Laundering Act against a former university vice-chancellor, his son, brother and a family-linked trust, alleging acquisition of disproportionate assets during his tenure. The agency alleges proceeds were used to buy properties in family and college names, that those properties were transferred or leased via a college entity to a family-owned trust, and that cash was deposited into the trust to portray it as income; the agency also attached assets during the probe. en-us Fri, 18 Apr 2025 15:46:03 +0530 Fri, 18 Apr 2025 15:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41349 The Enforcement Directorate filed a chargesheet under the Prevention of Money Laundering Act against a former university vice-chancellor, his son, brother and a family-linked trust, alleging acquisition of disproportionate assets during his tenure. The agency alleges proceeds were used to buy properties in family and college names, that those properties were transferred or leased via a college entity to a family-owned trust, and that cash was deposited into the trust to portray it as income; the agency also attached assets during the probe. News - Fri, 18 Apr 2025 15:46:03 +0530 https://www.taxtmi.com/news?id=41349