ED calls Rs 22 cr revenue generated by Goa nightclub as proceeds of money laundering crime https://www.taxtmi.com/news?id=68525 ED alleges that approximately Rs 22 crore revenue generated by the Goa nightclub constitutes proceeds of crime under the Prevention of Money Laundering Act because the club operated without mandatory licences and on forged NOCs/licences; searches uncovered diversion of funds to personal and group accounts, foreign remittances via group entities, and accounts frozen under PMLA while related contraventions and potential corruption links are being examined. en-us Sun, 25 Jan 2026 14:46:03 +0530 Sun, 25 Jan 2026 14:46:03 +0530 TaxTMI RSS Generator ED calls Rs 22 cr revenue generated by Goa nightclub as proceeds of money laundering crime https://www.taxtmi.com/news?id=68525 ED alleges that approximately Rs 22 crore revenue generated by the Goa nightclub constitutes proceeds of crime under the Prevention of Money Laundering Act because the club operated without mandatory licences and on forged NOCs/licences; searches uncovered diversion of funds to personal and group accounts, foreign remittances via group entities, and accounts frozen under PMLA while related contraventions and potential corruption links are being examined. News - Sun, 25 Jan 2026 14:46:03 +0530 https://www.taxtmi.com/news?id=68525