The figure of the huge amount recovered by the Income Tax Department from liquor companies, residential complexes and company officials of Congress Rajya Sabha member from Jharkhand, Dhir Prasad Sahu, may increase further.
The ongoing counting of recovered notes in three branches of SBI located in Balangir, Sambalpur, and Titlagarh of Odisha was completed on Sunday night. Till now, Rs 351 crore has been counted there, but the notes recovered from some other locations of Sahu are yet to be counted.
Role of hawala operators and shell companies
The Income Tax Department has also become aware of the role of hawala operators and shell companies in this case of the biggest cash seizure to date. The department is investigating all points related to the recovery of this illegal money. The Regional Investigation Branch of the Income Tax Department has also sent an interim report on the entire matter to the Central Board of Direct Taxes (CBDT).
The Income Tax Department, on suspicion of tax evasion in the cash sale of country liquor, raided the offices and other locations of Boudh Distillery Private Limited and its subsidiaries, a liquor company owned by Dhiraj Sahu's family based in Odisha, for six consecutive days and seized a huge amount of cash. Have recovered. In this sequence, three dozen premises linked to Sahu were searched in Odisha, Jharkhand, and Bengal.
Three kilos of gold jewelry were also seized in the raid
The department also seized about three kilograms of gold jewelry during the raid. Sources said several hawala operators and some 'shell' or dubious companies operating in these three states have been brought under the scanner by the Income Tax Department as documents indicating their role were recovered during the searches and recovery of huge cash. Has happened.
Income Tax Department raids at many places also took place on Monday.
On the other hand, the Income Tax Department's raids at many places in Odisha including Balangir, Sambalpur, and Rourkela continued on Monday also. The Income Tax team is interrogating liquor traders, company officials-employees and fund managers associated with Sahu.
It is also examining the documents recovered in the raid. Meanwhile, out of Rs 316 crore received from the offices of the Sahu family's liquor company M/s Baldev Sahu & Sons in Balangir and Titilagarh, Rs 285 crore was deposited on Monday by the Income Tax Department in the main branch of State Bank in Balangir.
Income Tax Department officials also interrogated Aarti Sahu, wife of Sanjay Sahu, in charge of Titilagarh liquor distillery, along with Bunty Sahu and manager Rajesh Tiwari, in charge of Sudpara liquor distillery located in Balangir, on Monday. During the interrogation of Aarti Sahu, after getting information about the presence of lockers in Axis Bank and Utkal Gramin Bank located in Titilagarh, the Income Tax team opened those lockers and searched them. Some jewelry has also been recovered from these lockers.
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