https://www.taxtmi.com/news?id=50619 Enforcement Directorate searches under the PMLA probe alleged diversion of bank loans and related money laundering across several group companies, recovering documents and digital devices while investigating claims of improper loan approvals, back dated credit memoranda, deficient due diligence, diversion to group and shell entities, common directors and addresses, and suspected bribe related flows to bank promoters; the inquiry draws on prior criminal complaints and regulatory reports and extends to allegations of undisclosed foreign assets and suspect investments in bank capital instruments. en-us Sat, 26 Jul 2025 15:46:03 +0530 Sat, 26 Jul 2025 15:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=50619 Enforcement Directorate searches under the PMLA probe alleged diversion of bank loans and related money laundering across several group companies, recovering documents and digital devices while investigating claims of improper loan approvals, back dated credit memoranda, deficient due diligence, diversion to group and shell entities, common directors and addresses, and suspected bribe related flows to bank promoters; the inquiry draws on prior criminal complaints and regulatory reports and extends to allegations of undisclosed foreign assets and suspect investments in bank capital instruments. News - Sat, 26 Jul 2025 15:46:03 +0530 https://www.taxtmi.com/news?id=50619