https://www.taxtmi.com/news?id=63455 Attachment under the Prevention of Money Laundering Act was made against two Chennai flats owned by the promoter of Sresan Pharmaceuticals after investigators alleged the company used industry grade raw materials, made cash purchases without invoices, and failed quality checks; laboratory findings cited high concentrations of Diethylene Glycol and Ethylene Glycol in the cough syrup linked to child fatalities. The ED's action relies on two criminal complaints-one for contaminated product and deaths, and another alleging bribery of a regulatory official-and follows arrests, suspensions of inspectors, and closure of the manufacturing unit. en-us Wed, 03 Dec 2025 14:31:03 +0530 Wed, 03 Dec 2025 14:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=63455 Attachment under the Prevention of Money Laundering Act was made against two Chennai flats owned by the promoter of Sresan Pharmaceuticals after investigators alleged the company used industry grade raw materials, made cash purchases without invoices, and failed quality checks; laboratory findings cited high concentrations of Diethylene Glycol and Ethylene Glycol in the cough syrup linked to child fatalities. The ED's action relies on two criminal complaints-one for contaminated product and deaths, and another alleging bribery of a regulatory official-and follows arrests, suspensions of inspectors, and closure of the manufacturing unit. News - Wed, 03 Dec 2025 14:31:03 +0530 https://www.taxtmi.com/news?id=63455