https://www.taxtmi.com/news?id=62452 Investigation alleges diversion of sanctioned loan funds through reuse of the same collateral for multiple loans, procedural lapses in valuation and encumbrance checks, and transfer of proceeds between related entities; evidence and witness statements indicate concealed beneficial ownership, suspected benami accounts, off book cash handling, and infusion of alleged Proceeds of Crime into unauthorised construction projects, with seized records and devices being examined to quantify diversion and trace layering. en-us Sat, 22 Nov 2025 16:46:03 +0530 Sat, 22 Nov 2025 16:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=62452 Investigation alleges diversion of sanctioned loan funds through reuse of the same collateral for multiple loans, procedural lapses in valuation and encumbrance checks, and transfer of proceeds between related entities; evidence and witness statements indicate concealed beneficial ownership, suspected benami accounts, off book cash handling, and infusion of alleged Proceeds of Crime into unauthorised construction projects, with seized records and devices being examined to quantify diversion and trace layering. News - Sat, 22 Nov 2025 16:46:03 +0530 https://www.taxtmi.com/news?id=62452