https://www.taxtmi.com/news?id=63543 An Enforcement Directorate money laundering probe, initiated via an ECIR under the Prevention of Money Laundering Act, targets an organised racket allegedly illegally manufacturing, storing and selling codeine based cough syrups, using sham firms and fake billing to channel approximately Rs 25 crore in bogus transactions and facilitating cross border smuggling; investigative steps include seizures, summons to suspects and tracing of transaction chains to determine laundering of illicit proceeds. en-us Wed, 03 Dec 2025 22:46:04 +0530 Wed, 03 Dec 2025 22:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=63543 An Enforcement Directorate money laundering probe, initiated via an ECIR under the Prevention of Money Laundering Act, targets an organised racket allegedly illegally manufacturing, storing and selling codeine based cough syrups, using sham firms and fake billing to channel approximately Rs 25 crore in bogus transactions and facilitating cross border smuggling; investigative steps include seizures, summons to suspects and tracing of transaction chains to determine laundering of illicit proceeds. News - Wed, 03 Dec 2025 22:46:04 +0530 https://www.taxtmi.com/news?id=63543