As demonetisation and it’s cascading effects continue to aggravate the hardships of the common man on the 35th day on Wednesday, startling catches are going on unabated by the Income Tax department. Apparently, I-T officials have made seizures of bulk cash in Delhi, Goa, Karnataka, Chandigarh and also Pune.
Working on a secret tip-off, the Delhi Police Crime Branch and the I-T department raided hotel Taksh Inn in Central Delhi’s Karol Bagh area on Tuesday night and apprehended 5 men with a huge sum of money that amounted to Rs 3.25 crore in old Rs 500 and Rs 1,000 notes.
It was revealed that the gang is operated by Mumbai-based hawala operators Lalit Bhai and Bholu Bhai who collect black money from various people of Maharashtra and from other states of the country and later after deducting their commission, return the same in white.
In Delhi, they collect cash from various hawala operators including Paras, Rahul and Vinod and get it converted to white. The 5 persons who were carriers of the old currency were from Mumbai and Rajasthan. Ansari Affan, a resident of Madanpura, Mumbai, was the ringleader of the group of carriers and paid Rs 2,000 per day to the other four who were nabbed in the operation.
In another joint raid was carried out by the I-T department and Crime Branch at the premises of Sukhbir Shokeen, a real estate agent and Director of M/s Shokeen Real Estate Ltd in Rangpuri Delhi. Unaccounted cash amounting to Rs 64,84,000 was found. Out of this, Rs 11,34,000 was found in the denominations of Rs 2,000 each. Besides the cash, jewellery worth Rs 1,06,57,235 has also been found.
Rs 2.89 crore has been seized in Bengaluru by the I-T department in the new currency, while Rs 68 lakh has been seized in Panjim, Goa. In Faridabad, four were arrested with the new currency of over Rs 25 lakh in the new Rs 2000 notes.
Nearly Rs 3 crore in new notes were found in a Bengaluru apartment where tax officials faced an elderly woman and her two “ferocious” dogs. The Income Tax department had learnt that its officials tried to search the apartment in the city’s Yeshwanthpur area on Tuesday after a tip-off but the woman inside refused to chain her dogs.
The animals were described by the investigators as “ferocious”. On Wednesday, the officials finally scored access into the apartment and the police found a room that was locked. Officials monitoring the house had seen a visitor entering before dawn.
“The locked room was opened and unexplained cash amounting to Rs 2.89 crore was found, including Rs 2.25 crore in new Rs 2,000 notes,” an official said.
Income Tax officials have also unearthed nearly Rs 10 crore of unaccounted money from lockers of Bank of Maharashtra in Pune. I-T officials have till now opened five lockers at the Parvati branch of bank of Maharashtra in Pune. Authorities are probing the involvement of bank officials in the illegal stashing of black money.
Busting a hawala and black money racket, the Enforcement Directorate (ED) on Wednesday seized Rs 2.19 crore, including nearly Rs 17.75 lakh in the new currency, from a trader in Chandigarh.