https://www.taxtmi.com/news?id=48338 A federal investigation under the Prevention of Money Laundering Act concerns alleged money laundering linked to procurement and augmentation contracts for multiple sewage treatment plants, following an anti-corruption FIR against a contractor and others. The inquiry targets tendering practices, limited JV participation, revisions to tender values without prescribed project reports or process, and examines transactional records, tender documentation, and witness statements to determine whether proceeds of unlawful activity were laundered through the contracts and entities. en-us Thu, 03 Jul 2025 12:16:04 +0530 Thu, 03 Jul 2025 12:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48338 A federal investigation under the Prevention of Money Laundering Act concerns alleged money laundering linked to procurement and augmentation contracts for multiple sewage treatment plants, following an anti-corruption FIR against a contractor and others. The inquiry targets tendering practices, limited JV participation, revisions to tender values without prescribed project reports or process, and examines transactional records, tender documentation, and witness statements to determine whether proceeds of unlawful activity were laundered through the contracts and entities. News - Thu, 03 Jul 2025 12:16:04 +0530 https://www.taxtmi.com/news?id=48338