https://www.taxtmi.com/news?id=69233 Punit Garg, ex-president and director of RCOM, was arrested on alleged money laundering linked to an over Rs 40,000 crore bank loan fraud; authorities allege he engaged in acquisition, concealment, layering and dissipation of proceeds by diverting funds through foreign subsidiaries and offshore entities, and have attached shares and mutual funds in his wife's name while securing his remand for further investigation. en-us Fri, 30 Jan 2026 20:01:06 +0530 Fri, 30 Jan 2026 20:01:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69233 Punit Garg, ex-president and director of RCOM, was arrested on alleged money laundering linked to an over Rs 40,000 crore bank loan fraud; authorities allege he engaged in acquisition, concealment, layering and dissipation of proceeds by diverting funds through foreign subsidiaries and offshore entities, and have attached shares and mutual funds in his wife's name while securing his remand for further investigation. News - Fri, 30 Jan 2026 20:01:06 +0530 https://www.taxtmi.com/news?id=69233