I-T raids on Sasikala relatives: Sasikala clan invested Rs 1,430 crore in ‘dirty money’ in realty | India News
CHENNAI: Earnings tax division sleuths have seized papers revealing Rs 1,430 crore price of “unaccounted-for” investments in actual property, Rs 7.14 crore in money, and jewelry valued at Rs 5 crore throughout their five-day searches at 187 premises owned by insurgent AIADMK chief V Ok Sasikala and her family members and associates, a senior I-T official stated on Monday.
I-T officers have additionally seized a substantial quantity of diamond jewelry from varied premises that’s but to be valued, the official stated, including that 16 financial institution lockers had been frozen thus far.
A lot of the property-related paperwork have been seized from the properties of Sasikala’s nephew and Jaya TV CEO Vivek Jayaraman, his sister Krishna Priya and their auditor. “We discovered paperwork about investments in shell corporations,” stated the official.
About Rs 55 lakh in money was seized from a ladies’s faculty owned by Sasikala’s brother V Dhivaharan at Mannargudi, the official stated. From the Chennai home of Dhivaharan’s daughter Rajamathangi, the sleuths seized paperwork pertaining to the import of a fleet of international automobiles. “We’re probing the… imports,” stated the official. A number of paperwork and Rs 19 lakh in money have been seized from the familyowned Midas Distilleries exterior Chennai. “The seized paperwork present that on the time of demonetisation, big quantities of previous notes have been transformed into gold at Midas,” stated one other senior official.
In the meantime, after winding up the search operation on Monday, I-T investigation wing officers took Vivek to their workplace for questioning. His brother-in-law Prabu was taken too.