Raids continue at Chettinad Group for second day

Income Tax department continued raids for the second day against the Rs 10,000-crore business conglomerate Chettinad Group of Companies at its premises in three states. Meanwhile, following a complaint from group's Chairman Emeritus M A M Ramaswamy, police have filed a case against his disowned adopted son M A M R Muthiah whose original name is S Ayyappan under various IPC sections including criminal intimidation.

IT officials commenced the raids on Wednesday at 35 places belonging to the Group in Tamil Nadu, and two places each in Hyderabad and Mumbai, sources said. Ramaswamy had on June 9 declared that he has disowned Muthiah whom he adopted in 1996.