https://www.taxtmi.com/news?id=45143 The ED chargesheet alleges systematic misappropriation of sanctioned bank loans by DHFL promoters, who purportedly diverted funds to beneficial entities and used them for luxury purchases, cash conversion and acquisition of assets; the agency frames these movements as proceeds of crime subjected to placement, layering and integration under the Prevention of Money Laundering Act and identifies intermediaries alleged to have aided the diversion, with a special PMLA court taking cognizance and issuing summons for further proceedings. en-us Thu, 29 May 2025 20:46:04 +0530 Thu, 29 May 2025 20:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45143 The ED chargesheet alleges systematic misappropriation of sanctioned bank loans by DHFL promoters, who purportedly diverted funds to beneficial entities and used them for luxury purchases, cash conversion and acquisition of assets; the agency frames these movements as proceeds of crime subjected to placement, layering and integration under the Prevention of Money Laundering Act and identifies intermediaries alleged to have aided the diversion, with a special PMLA court taking cognizance and issuing summons for further proceedings. News - Thu, 29 May 2025 20:46:04 +0530 https://www.taxtmi.com/news?id=45143