https://www.taxtmi.com/news?id=62841 The prosecution alleges large-scale diversion of funds from purported cashew supplies and job offers, constituting proceeds of crime and supporting a prima facie money laundering case; certain amounts were credited to the accused's accounts contrary to claimed import transfers. The court, considering anticipatory bail under section 482, found custodial interrogation necessary given the quantum involved and the risk of witness interference, and therefore declined to exercise its inherent jurisdiction for pre-arrest release to allow investigation to proceed. en-us Wed, 26 Nov 2025 19:31:03 +0530 Wed, 26 Nov 2025 19:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=62841 The prosecution alleges large-scale diversion of funds from purported cashew supplies and job offers, constituting proceeds of crime and supporting a prima facie money laundering case; certain amounts were credited to the accused's accounts contrary to claimed import transfers. The court, considering anticipatory bail under section 482, found custodial interrogation necessary given the quantum involved and the risk of witness interference, and therefore declined to exercise its inherent jurisdiction for pre-arrest release to allow investigation to proceed. News - Wed, 26 Nov 2025 19:31:03 +0530 https://www.taxtmi.com/news?id=62841