India World

India raids firms of Chinese nationals, uncovers ₹10 billion money laundering racket

Indian authorities have raided Chinese individuals and their local associates for running a money laundering racket worth INR₹10 billion rupees by using dubious firms. The Income Tax Department raided two dozen premises in various locations across the nation. “Search action revealed that at the behest of Chinese individuals, more than 40 bank accounts were created […]