Karuvannur co-op bank case: ED names CPI(M) as accused in chargesheet https://www.taxtmi.com/news?id=44763 The Enforcement Directorate named a political party and multiple individuals in a supplementary chargesheet under the Prevention of Money Laundering Act, alleging a scheme of sanctioned loans, benami transactions, inflated property valuations and diversion of loan proceeds to party coffers. The filing cites corporate and vicarious liability provisions, builds on multiple predicate FIRs describing repeated lending on the same properties, and follows investigative measures including raids, arrests and attachment of assets. en-us Mon, 26 May 2025 17:31:04 +0530 Mon, 26 May 2025 17:31:04 +0530 TaxTMI RSS Generator Karuvannur co-op bank case: ED names CPI(M) as accused in chargesheet https://www.taxtmi.com/news?id=44763 The Enforcement Directorate named a political party and multiple individuals in a supplementary chargesheet under the Prevention of Money Laundering Act, alleging a scheme of sanctioned loans, benami transactions, inflated property valuations and diversion of loan proceeds to party coffers. The filing cites corporate and vicarious liability provisions, builds on multiple predicate FIRs describing repeated lending on the same properties, and follows investigative measures including raids, arrests and attachment of assets. News - Mon, 26 May 2025 17:31:04 +0530 https://www.taxtmi.com/news?id=44763