Indian Tax Update - CBI to question bank officials under scanner in 8.5 lakh mule accounts case

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CBI to question bank officials under scanner in 8.5 lakh mule accounts case

New Delhi, Jun 30 (PTI) The CBI will start questioning bank officials under scanner for allegedly facilitating the operations of 8.5 lakh mule accounts in a "pan India conspiracy" with cyber crime syndicates to launder crime proceeds, agency officials said. One crucial laxity detected by the CBI during its two-month-long inquiry was the systemic failure to generate Suspicious Transaction Reports (STRs) despite countless mule accounts exhibiting transactions that rapidly exceeded prescribed mon... ... ...


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Source: https://www.taxtmi.com/news?id=48078 Jul 01, 2025, 02:00 AM