Rs. 1,430 crores Black Money with Sasikala! IT Dept.
Posted November 14, 2017 at 14:14
1000+ officials raided 187 locations in Bengaluru, Hyderabad, Chennai, New Delhi and other cities in Andhra Pradesh linked to Sasikala and her aides. In these searches carried out, the IT Dept found an undisclosed amount of Rs. 1,430 crores.
The IT sleuths carried simultaneous raids in a multi-city operation across the nation. One IT official said that Rs. 7 crores in cash and Rs. 5 crores worth jewellery had been seized during IT search operations in Chennai. Clarifying on the ‘undisclosed income’, IT officials said that ‘this is only limited to undisclosed cash and unexplained cash introduced for acquiring several businesses. Matters pertaining to shell companies will be probed on separate lines.’
The IT officials were shocked after discovering 30-Crores of undisclosed income only in Chennai. 15 Bank lockers having diamond jewellery in them were also kept under ‘prohibitory orders.’
As far as the 670 acre Green Tea estate in Curzon is concerned, a special team consisting of 3 members is verifying the documents related to the estate. The IT officials expressed that ‘In coming few days, after the examination of various documents found during the searches we should be able to come to a conclusion. The total undisclosed money in the form of cash, property, jewellery, and others can be close to Rs. 2500 crores’.
Sasikala is currently serving her prison-term in Bengaluru Jail.