https://www.taxtmi.com/news?id=62030 An enforcement agency carried out coordinated searches of a university trust and related entities under the Prevention of Money Laundering Act, targeting finance and administration personnel and probing alleged use of shell companies and accommodation entities to conceal proceeds. Cash and material were seized and the trust chairman was taken into custody under PMLA criminal provisions for production before a court. The inquiry relies on FIRs from related criminal investigations and examines concentrated corporate registrations and transactional links among affiliated entities. en-us Tue, 18 Nov 2025 21:46:03 +0530 Tue, 18 Nov 2025 21:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=62030 An enforcement agency carried out coordinated searches of a university trust and related entities under the Prevention of Money Laundering Act, targeting finance and administration personnel and probing alleged use of shell companies and accommodation entities to conceal proceeds. Cash and material were seized and the trust chairman was taken into custody under PMLA criminal provisions for production before a court. The inquiry relies on FIRs from related criminal investigations and examines concentrated corporate registrations and transactional links among affiliated entities. News - Tue, 18 Nov 2025 21:46:03 +0530 https://www.taxtmi.com/news?id=62030