A video shows tax officials drying cash.
Bhopal:
Madhya Pradesh-based businessman Shankar Rai and his family in the state’s Damoh district were raided on Thursday and cash worth more than Rs 8 crore was recovered, the Income Tax Department said. know.
The cash was found in a bag hidden in an underground water tank. A video shows tax officials drying cash. In addition to cash, jewelry worth about Rs 5 was also seized.
“The Income Tax Department seized Rs 8 in cash from Rai’s family, including a bag containing Rs 1 in cash stuffed in a barrel of water. In addition, 3 kg of gold was also confiscated,” said Munmun Sharma, Commissioner. union member said. of the Income Tax Department, Jabalpur, who led the tax sweep.
Cash was stored in an underground storage tank, and hair dryers and irons were used by IT staff to dry the cash. @ndtv@ndtvindiapic.twitter.com/gKq1lXS3km
– Anurag Dwary (@Anurag_Dwary) January 8, 2022
While Mr. Rai served as Chairman of Damoh Nagar Palika with the backing of the National Assembly, his brother Kamal Rai was previously Vice Chairman of Damoh Nagar Palika with backing from the BJP.
The raid, which began at 5 a.m. on Thursday, continued for 39 hours. Tax officials raided more than ten premises owned by the Shankar Rai family.
The Tax Department revealed that Mr. Rai’s family is running about three dozen buses under the name of employees.
The ministry has announced a reward of Rs 10,000 to anyone who provides more information about the Rai family’s assets in Madhya Pradesh or any other location.
After the operation was over, the Joint Commissioner said, “The raid is over and that investigation will continue based on the documents seized from Rai’s family to be carried out in Bhopal,”
“The Department will now investigate the seized documents and unnamed assets. So we will have to wait for the final numbers,” said the Joint Commissioner.
In January 2019, former Samajwadi Party MP from Chandauli seat of East Uttar Pradesh, Jawahar Jaiswal (carrying Rs 25,000 on head in murder case) was arrested by UP STF from Sanjay Rai (Shankar’s brother) premises Rai).
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