https://www.taxtmi.com/news?id=51076 Investigators executed searches under the Prevention of Money Laundering Act into alleged loan fraud at the Andaman Nicobar State Cooperative Bank, seizing documents alleging large-scale irregularities in granting loans and overdraft facilities and departures from bank procedures. The probe targets a network of entities alleged to have been used to illegally obtain credit for the benefit of a former Member of Parliament, and originates from an FIR by the regional Crime and Economic Offences Wing. en-us Thu, 31 Jul 2025 12:16:02 +0530 Thu, 31 Jul 2025 12:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51076 Investigators executed searches under the Prevention of Money Laundering Act into alleged loan fraud at the Andaman Nicobar State Cooperative Bank, seizing documents alleging large-scale irregularities in granting loans and overdraft facilities and departures from bank procedures. The probe targets a network of entities alleged to have been used to illegally obtain credit for the benefit of a former Member of Parliament, and originates from an FIR by the regional Crime and Economic Offences Wing. News - Thu, 31 Jul 2025 12:16:02 +0530 https://www.taxtmi.com/news?id=51076