https://www.taxtmi.com/news?id=71304 Allegations of large scale bank fraud and resultant money laundering underpin the probe: extended questioning under the Prevention of Money Laundering Act concerns alleged diversion of funds through foreign subsidiaries and offshore entities tied to a group company. Investigative measures include constitution of a specialized investigation team, attachment of assets under anti money laundering provisions, searches, arrests of former executives, and parallel criminal case registrations alleging bank cheating in separate loan transactions. en-us Thu, 26 Feb 2026 21:31:03 +0530 Thu, 26 Feb 2026 21:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71304 Allegations of large scale bank fraud and resultant money laundering underpin the probe: extended questioning under the Prevention of Money Laundering Act concerns alleged diversion of funds through foreign subsidiaries and offshore entities tied to a group company. Investigative measures include constitution of a specialized investigation team, attachment of assets under anti money laundering provisions, searches, arrests of former executives, and parallel criminal case registrations alleging bank cheating in separate loan transactions. News - Thu, 26 Feb 2026 21:31:03 +0530 https://www.taxtmi.com/news?id=71304