https://www.taxtmi.com/news?id=61644 A money laundering investigation alleges a developer cancelled housing-scheme allotments, resold units at higher prices, diverted escrow funds to associated companies and channelled proceeds into personal assets and overseas transfers. The Enforcement Directorate sought custodial interrogation to identify accomplices, beneficiaries and further proceeds, citing flight risk from alleged overseas links; the court granted 14 days' custody for investigation. en-us Fri, 14 Nov 2025 18:31:03 +0530 Fri, 14 Nov 2025 18:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=61644 A money laundering investigation alleges a developer cancelled housing-scheme allotments, resold units at higher prices, diverted escrow funds to associated companies and channelled proceeds into personal assets and overseas transfers. The Enforcement Directorate sought custodial interrogation to identify accomplices, beneficiaries and further proceeds, citing flight risk from alleged overseas links; the court granted 14 days' custody for investigation. News - Fri, 14 Nov 2025 18:31:03 +0530 https://www.taxtmi.com/news?id=61644