https://www.taxtmi.com/news?id=61727 The Enforcement Directorate filed a prosecution complaint under the Prevention of Money Laundering Act against a Karnataka legislator and his company, alleging proceeds from illegal iron ore exports were concealed and laundered through an undisclosed overseas corporate vehicle and foreign bank accounts; the investigation traces to a prior anti-corruption inquiry into unlawful ore movement to a port and includes asset attachment and payments to other persons as elements of the alleged laundering scheme. en-us Sat, 15 Nov 2025 15:46:03 +0530 Sat, 15 Nov 2025 15:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=61727 The Enforcement Directorate filed a prosecution complaint under the Prevention of Money Laundering Act against a Karnataka legislator and his company, alleging proceeds from illegal iron ore exports were concealed and laundered through an undisclosed overseas corporate vehicle and foreign bank accounts; the investigation traces to a prior anti-corruption inquiry into unlawful ore movement to a port and includes asset attachment and payments to other persons as elements of the alleged laundering scheme. News - Sat, 15 Nov 2025 15:46:03 +0530 https://www.taxtmi.com/news?id=61727