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Largest-ever black money seizure in tax raids amounts to Rs 290 crore

Income Tax Department seizes nearly Rs 300 crore in cash in raids at Congress MP Dheeraj Sahu’s residences and Boudh Distillery premises in Jharkhand and Odisha. The cash haul, the highest-ever in a single operation, amounts to Rs 290 crore, and counting machines have reportedly broken down due to the volume of money. The raids, which began on December 6, also resulted in the seizure of three bags of jewelry. Baldeo Sahu & Group of Companies, one of the largest country-liquor manufacturers in Odisha, had 30 almirahs seized, with nine filled with bundles of currency notes. Searches are conducted at five different locations in Ranchi, Lohardaga, Bolangir, Sambalpur, and Kalahandi. The counting of cash is expected to take at least two more days, and the Income Tax Department may share official information after completion.

Union Home Minister Amit Shah remarks on the unprecedented cash pile, stating that only bank employees might have seen such an amount. Congress leader Jairam Ramesh distances the party from Dheeraj Sahu’s businesses, emphasizing that the Congress has no connection with the MP’s business activities, and Sahu should explain the source of the large sums uncovered in the raids.


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