https://www.taxtmi.com/news?id=49947 A money laundering inquiry under the Prevention of Money Laundering Act prompted the arrest of a Member of Parliament after extended interrogation by a Special Investigation Team into alleged irregularities in state liquor sales. An Enforcement Case Information Report has been filed to trace proceeds and investigate alleged diversion of kickbacks to intermediaries and political associates. The SIT's remand report names multiple individuals accused of discontinuing popular brands and promoting favoured suppliers, alleging systematic collection and distribution of illicit proceeds over several years, while political leaders contest the prosecutions as politically motivated. en-us Sat, 19 Jul 2025 23:01:04 +0530 Sat, 19 Jul 2025 23:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=49947 A money laundering inquiry under the Prevention of Money Laundering Act prompted the arrest of a Member of Parliament after extended interrogation by a Special Investigation Team into alleged irregularities in state liquor sales. An Enforcement Case Information Report has been filed to trace proceeds and investigate alleged diversion of kickbacks to intermediaries and political associates. The SIT's remand report names multiple individuals accused of discontinuing popular brands and promoting favoured suppliers, alleging systematic collection and distribution of illicit proceeds over several years, while political leaders contest the prosecutions as politically motivated. News - Sat, 19 Jul 2025 23:01:04 +0530 https://www.taxtmi.com/news?id=49947