https://www.taxtmi.com/news?id=50927 An investigation under the Prevention of Money Laundering Act targets alleged laundering in a sheep rearing and distribution scheme after Enforcement Directorate searches at multiple locations linked to beneficiaries, middlemen and an associated official. The inquiry focuses on tracing proceeds and examining whether implementation irregularities-identified in a CAG audit as incomplete beneficiary records, suspect transportation invoices, duplicate tags and allocations to dead or non existent persons-indicate diversion or concealment of public funds and support predicate offences for money laundering analysis. en-us Wed, 30 Jul 2025 11:46:03 +0530 Wed, 30 Jul 2025 11:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=50927 An investigation under the Prevention of Money Laundering Act targets alleged laundering in a sheep rearing and distribution scheme after Enforcement Directorate searches at multiple locations linked to beneficiaries, middlemen and an associated official. The inquiry focuses on tracing proceeds and examining whether implementation irregularities-identified in a CAG audit as incomplete beneficiary records, suspect transportation invoices, duplicate tags and allocations to dead or non existent persons-indicate diversion or concealment of public funds and support predicate offences for money laundering analysis. News - Wed, 30 Jul 2025 11:46:03 +0530 https://www.taxtmi.com/news?id=50927