https://www.taxtmi.com/news?id=73247 Enforcement Directorate summoned Veena T and officials of Cochin Minerals and Rutile Ltd. for questioning in a money laundering investigation under the Prevention of Money Laundering Act. The inquiry concerns alleged irregularities in CMRL's financial dealings with Exalogic Solutions Private Limited, including alleged fraudulent consultancy payments, loans, and the generation of proceeds of crime from those transactions. The case arose from an SFIO complaint and includes allegations of inflated cash expenses and illegal payments uncovered in earlier tax proceedings. en-us Tue, 09 Jun 2026 16:01:04 +0530 Tue, 09 Jun 2026 16:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73247 Enforcement Directorate summoned Veena T and officials of Cochin Minerals and Rutile Ltd. for questioning in a money laundering investigation under the Prevention of Money Laundering Act. The inquiry concerns alleged irregularities in CMRL's financial dealings with Exalogic Solutions Private Limited, including alleged fraudulent consultancy payments, loans, and the generation of proceeds of crime from those transactions. The case arose from an SFIO complaint and includes allegations of inflated cash expenses and illegal payments uncovered in earlier tax proceedings. News - Tue, 09 Jun 2026 16:01:04 +0530 https://www.taxtmi.com/news?id=73247