https://www.taxtmi.com/news?id=74747 Money-laundering investigation under the Prevention of Money Laundering Act concerns alleged diversion of bank-loan funds through fake or forged project-completion reports. The allegations include sale of five mortgaged properties at grossly undervalued consideration, with some buyers suspected to be benamis or proxies. These sales were allegedly intended to alienate assets and prevent their attachment under anti-money-laundering law. en-us Fri, 11 Sep 2026 10:46:02 +0530 Fri, 11 Sep 2026 10:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74747 Money-laundering investigation under the Prevention of Money Laundering Act concerns alleged diversion of bank-loan funds through fake or forged project-completion reports. The allegations include sale of five mortgaged properties at grossly undervalued consideration, with some buyers suspected to be benamis or proxies. These sales were allegedly intended to alienate assets and prevent their attachment under anti-money-laundering law. News - Fri, 11 Sep 2026 10:46:02 +0530 https://www.taxtmi.com/news?id=74747