https://www.taxtmi.com/news?id=59518 Enforcement Directorate arrested a hotelier in a money laundering probe tied to alleged cooperative bank fraud at the Andaman Nicobar State Cooperative Bank, stemming from an FIR by the Crime and Economic Offences Cell. Authorities allege officials and accomplices used shell companies and sanctioned loans in violation of bank rules to avoid repayment, harm the bank and reap personal gains; investigations and inter jurisdictional ED inquiries continue, with detainees placed in judicial custody. en-us Wed, 22 Oct 2025 23:16:04 +0530 Wed, 22 Oct 2025 23:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=59518 Enforcement Directorate arrested a hotelier in a money laundering probe tied to alleged cooperative bank fraud at the Andaman Nicobar State Cooperative Bank, stemming from an FIR by the Crime and Economic Offences Cell. Authorities allege officials and accomplices used shell companies and sanctioned loans in violation of bank rules to avoid repayment, harm the bank and reap personal gains; investigations and inter jurisdictional ED inquiries continue, with detainees placed in judicial custody. News - Wed, 22 Oct 2025 23:16:04 +0530 https://www.taxtmi.com/news?id=59518