https://www.taxtmi.com/news?id=53355 Allegations of a builders-banks nexus led the Enforcement Directorate to file twenty-two PMLA cases converted from CBI preliminary enquiries at the Supreme Court's direction; investigations target a bank-offered subvention scheme where loan disbursements to developers and subsequent developer defaults allegedly forced homebuyers to repay EMIs, and the ED will pursue asset attachment and restitution of illicit assets where possible. en-us Fri, 22 Aug 2025 22:31:04 +0530 Fri, 22 Aug 2025 22:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=53355 Allegations of a builders-banks nexus led the Enforcement Directorate to file twenty-two PMLA cases converted from CBI preliminary enquiries at the Supreme Court's direction; investigations target a bank-offered subvention scheme where loan disbursements to developers and subsequent developer defaults allegedly forced homebuyers to repay EMIs, and the ED will pursue asset attachment and restitution of illicit assets where possible. News - Fri, 22 Aug 2025 22:31:04 +0530 https://www.taxtmi.com/news?id=53355