IT raids on former Union minister Jagatrakshakan's premises

Income Tax Department Officials raided the residence and offices of DMK leader and former minister S. Jagathrakshakan.

Published: 13th July 2016 10:26 AM  |   Last Updated: 13th July 2016 05:56 PM   |  A+A-

CHENNAI: Income Tax sleuths on Wednesday carried out raids on the premises, distilleries and residence of Jagathrakshakan, a former Union Minister and close aide of DMK chief M Karunanidhi.

Jagatrakshakan, who owns deemed university and is into liquor trade, is perceived to be close to DMK chief Karunanidhi despite not being a senior leader in the party.

The raids were conducted on 40 premises in Chennai and Puducherry and it began early at 7am.

Income Tax sources told Express that nearly 300 people from the department raided distilleries, medical college, hotels as well as his residences.

Initial searches resulted in seizure of Rs 10 crore of cash which was unaccounted for. It is learnt that Rs 5 core was seized from one of his home alone.

Jagathrakshakan has been in controversy in various issues including Coal scam where he is alleged to have utilized his political clout for illegal coal allocation for his company in 2007.

The search is going on. Income tax sources refused to divulge any further details.

Stay up to date on all the latest Chennai news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp