https://www.taxtmi.com/news?id=64762 The court found prima facie materials showing active involvement of the accused in money laundering arising from the cooperative bank fraud, relying on investigative statements that shell companies were created in connivance, bank funds were fraudulently disbursed and routed and some funds paid as a bribe followed by acquisition of immovable property; it also observed evidence destruction allegations, held arrests justified, and noted a chargesheet against 39 persons with loans sanctioned through over 100 accounts. en-us Mon, 15 Dec 2025 20:01:03 +0530 Mon, 15 Dec 2025 20:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=64762 The court found prima facie materials showing active involvement of the accused in money laundering arising from the cooperative bank fraud, relying on investigative statements that shell companies were created in connivance, bank funds were fraudulently disbursed and routed and some funds paid as a bribe followed by acquisition of immovable property; it also observed evidence destruction allegations, held arrests justified, and noted a chargesheet against 39 persons with loans sanctioned through over 100 accounts. News - Mon, 15 Dec 2025 20:01:03 +0530 https://www.taxtmi.com/news?id=64762