https://www.taxtmi.com/news?id=72506 Money-laundering searches were conducted in an alleged fraud involving municipal fixed deposits, where funds of the Panchkula Municipal Corporation were said to have been diverted through forged and fake authorisation documents. The investigation concerns unauthorised bank accounts, fake fund-migration letters, and transfer of corporation funds to financiers, private persons and real estate entities, with seized documents and allegations of a criminal nexus among municipal, bank and private persons. en-us Thu, 23 Apr 2026 22:16:04 +0530 Thu, 23 Apr 2026 22:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72506 Money-laundering searches were conducted in an alleged fraud involving municipal fixed deposits, where funds of the Panchkula Municipal Corporation were said to have been diverted through forged and fake authorisation documents. The investigation concerns unauthorised bank accounts, fake fund-migration letters, and transfer of corporation funds to financiers, private persons and real estate entities, with seized documents and allegations of a criminal nexus among municipal, bank and private persons. News - Thu, 23 Apr 2026 22:16:04 +0530 https://www.taxtmi.com/news?id=72506