https://www.taxtmi.com/news?id=73381 Enforcement Directorate questioning continued in a money laundering probe concerning transactions between CMRL, Exalogic Solutions Private Limited, and entities linked to the Kartha family. The investigation concerns alleged payments by CMRL to Exalogic without corresponding services and loans extended by Empower India Capital Investments Private Limited to Exalogic despite alleged repayment defaults. The agency has stated that these transactions generated proceeds of crime, and the case has been registered under the Prevention of Money Laundering Act on the basis of a prosecution complaint filed by the Serious Fraud Investigation Office. en-us Tue, 16 Jun 2026 12:16:16 +0530 Tue, 16 Jun 2026 12:16:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73381 Enforcement Directorate questioning continued in a money laundering probe concerning transactions between CMRL, Exalogic Solutions Private Limited, and entities linked to the Kartha family. The investigation concerns alleged payments by CMRL to Exalogic without corresponding services and loans extended by Empower India Capital Investments Private Limited to Exalogic despite alleged repayment defaults. The agency has stated that these transactions generated proceeds of crime, and the case has been registered under the Prevention of Money Laundering Act on the basis of a prosecution complaint filed by the Serious Fraud Investigation Office. News - Tue, 16 Jun 2026 12:16:16 +0530 https://www.taxtmi.com/news?id=73381