https://www.taxtmi.com/news?id=71730 Bail in a money laundering prosecution was opposed on the basis that the accused was linked to allegedly fraudulent borrowing and diversion of bank credit facilities, including mortgage and alleged double sale of secured properties. The prosecution relied on statements under the Prevention of Money Laundering Act and other material to contend that sufficient evidence connected the accused to the offence and that the matter involved a serious economic offence affecting the financial system. en-us Tue, 24 Mar 2026 22:31:04 +0530 Tue, 24 Mar 2026 22:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71730 Bail in a money laundering prosecution was opposed on the basis that the accused was linked to allegedly fraudulent borrowing and diversion of bank credit facilities, including mortgage and alleged double sale of secured properties. The prosecution relied on statements under the Prevention of Money Laundering Act and other material to contend that sufficient evidence connected the accused to the offence and that the matter involved a serious economic offence affecting the financial system. News - Tue, 24 Mar 2026 22:31:04 +0530 https://www.taxtmi.com/news?id=71730