https://www.taxtmi.com/news?id=50366 Enforcement action under the Prevention of Money Laundering Act targets alleged diversion of bank credit and a purported bribery nexus preceding loan sanctioning, focusing on alleged credit approval irregularities such as back dated memorandums and investments proposed without due diligence, based on underlying criminal FIRs and regulatory reports and executed through coordinated enforcement raids and scrutiny of transactional links. en-us Thu, 24 Jul 2025 11:46:03 +0530 Thu, 24 Jul 2025 11:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=50366 Enforcement action under the Prevention of Money Laundering Act targets alleged diversion of bank credit and a purported bribery nexus preceding loan sanctioning, focusing on alleged credit approval irregularities such as back dated memorandums and investments proposed without due diligence, based on underlying criminal FIRs and regulatory reports and executed through coordinated enforcement raids and scrutiny of transactional links. News - Thu, 24 Jul 2025 11:46:03 +0530 https://www.taxtmi.com/news?id=50366