Raids on Haryana Congress MLA Kuldeep Bishnoi uncover foreign assets worth Rs 200 crore

The I-T department had searched 13 premises linked to Bishnoi in Delhi, Haryana and Himachal Pradesh, including his Hisar residence, Gurgaon farmhouse and other places.

Published: 29th July 2019 05:18 PM  |   Last Updated: 29th July 2019 05:18 PM   |  A+A-

Congress legislator Kuldeep Bishnoi

Congress legislator Kuldeep Bishnoi (Photo | @bishnoikuldeep)

Express News Service

CHANDIGARH: Foreign assets worth over Rs 200 crore have been detected by the income tax department during raids at the properties of Haryana Congress MLA Kuldeep Bishnoi and his family, said the Central Board of Direct Taxes (CBDT). Bishnoi is the son of former Haryana Chief Minister Bhajan Lal.

In a statement issued late on Sunday night, the CBDT said, "The group controlled by persons who have a significant political presence in  a neighbouring state for decades and are occupying responsible political positions has been generating large amounts of undisclosed income over several decades. Evidence detected so far reveals undisclosed cash dealing of huge amounts in immovable property transactions, construction among others.’’

Although the CBDT did not name Bishnoi, officials in the department said that the statement pertained to him.

The statement further added that the investigation by the department has detected domestic tax evasion of more than Rs 30 crore which may inter-alia lead to severe criminal consequences under the Black Money Act 2015 part from the action under the Income Tax Act 1961.

It went on to say that the foreign holdings of the main person have remained hidden for decades beneath complex multi-layered structures located in the British Virgin Islands, Panama, UK, UAE and Jersey. These structures have involved various frontmen and corporations across continents.

The statement further stated that one of the persons covered during the search operation was trying to obtain citizenship of a Caribbean island.

The I-T department had searched 13 premises linked to Bishnoi in Delhi, Haryana and Himachal Pradesh, including his Hisar residence, Gurgaon farmhouse and other places.

It also stated that this has multi-agency ramifications indicating that these alleged probe details might be shared with enforcement directorate and other agencies.

Stay up to date on all the latest Nation 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.)

Comments

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 newindianexpress.com 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 newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com 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. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp