https://www.taxtmi.com/news?id=46249 Enforcement Directorate searches under the Prevention of Money Laundering Act targeted a Member of Parliament and three legislators over allegations that funds of the Karnataka Maharshi Valmiki ST Development Corporation were diverted into fake accounts and laundered through shell entities, with the siphoned cash allegedly used in constituency political activity; searches aim to trace fund movement, identify intermediary accounts and collect evidentiary material. en-us Wed, 11 Jun 2025 09:46:03 +0530 Wed, 11 Jun 2025 09:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=46249 Enforcement Directorate searches under the Prevention of Money Laundering Act targeted a Member of Parliament and three legislators over allegations that funds of the Karnataka Maharshi Valmiki ST Development Corporation were diverted into fake accounts and laundered through shell entities, with the siphoned cash allegedly used in constituency political activity; searches aim to trace fund movement, identify intermediary accounts and collect evidentiary material. News - Wed, 11 Jun 2025 09:46:03 +0530 https://www.taxtmi.com/news?id=46249