Following a massive raid in the Madhya Pradesh before the Lok Sabha polls, the income tax department, on Monday claimed that it has detected a “widespread and well-organized” racket of the collection of unaccounted cash of about Rs 281 crores.
The raids were conducted on the close aides of Madhya Pradesh Chief Minister Kamal Nath and others.
It said the sleuths have recovered Rs 14.6 crore of “unaccounted” cash and seized diaries and computer files of suspect payments made between Madhya Pradesh and Delhi.
The department claimed that the search seizure action on a group in NCR, Bhopal, Indore & Goa was conducted by Delhi Directorate of Income Tax (Inv.) based upon credible information of large scale collection, possession & movement of unaccounted assets.
“Searches in Madhya Pradesh have detected widespread & well-organized racket of the collection of unaccounted cash of about Rs. 281 cr through various persons in different walks of life including business, politics & public service,” it said.
According to the statement issued by the department, meticulous records of collection & disbursement of cash in the form of handwritten diaries, computer files & excel sheets found & seized corroborate the above findings. Unaccounted cash of Rs. 14.6 cr has been found so far.
“Searches in Delhi (a group of a close relative of the senior functionary) have further led to seizure incl. cash book recording unaccounted transactions of Rs. 230cr, siphoning off money through bogus billing of more than Rs. 242 cr & evidence of more than 80 companies in Tax havens,” it said.
“Several unaccounted/Benami properties at posh locations in Delhi have also been detected. Instances of violations of Model Code of Conduct are being brought to the notice of ECI,” it added.
