Day 2 of I-T raids on VK Sasikala's family, associates and businesses underway

uOn Thursday, a team of around 1,800 IT officials knocked at the doors of 187 premises-residences, offices and farm houses -- to carry out one of their biggest searches on Sasikala's family.

Published: 10th November 2017 12:01 PM  |   Last Updated: 10th November 2017 12:10 PM   |  A+A-

The premises of Jaya TV in Chennai, which was the first place to be raided early Thursday morning. (PTI Photo)

By IANS

CHENNAI: For the second consecutive day on Friday Income Tax (IT) officials continued their massive raids at the premises of close relatives of jailed AIADMK leader V.K. Sasikala, their business associates and organisations connected to them, a senior IT official said.

He also said that "sizeable volume of cash and documents" have been seized at the searched premises.

[READ FULL REPORT HERE ] Operation Clean Money Drive: I-T department raids in Tamil Nadu target aides of Dhinakaran, Sasikala

"The volume and value of cash and documents seized would be known only after they are totalled after completing the entire operation," he told IANS preferring anonymity.

"In some places the search operations have ended and in many places the it is still going on," he added.

READ HERE: I-T raids on Jaya TV UPDATES | It's a plot to bar Sasikala from politics, claims TTV Dhinakaran; documents seized from old channel office

The searches were conducted in connection with unexplained routing of cash post-demonetisation through shell companies allegedly connected to Sasikala and Dinakaran. 

The IT department will look at the routing of funds within India whereas other agencies will look into the routing of money outside India, the official said.

According to him, the nature of this search operation "is different" and it is not just searching the premises and seizing unaccounted cash.

"We have information about shell companies and the search is in connection with their operations," he said.

Whether the bank accounts of the searched persons, companies would be "frozen to detect suspect transactions and other actions", would be taken only after collating the data from the seized papers.

On Thursday, a team of around 1,800 IT officials knocked at the doors of 187 premises-residences, offices and farm houses -- to carry out one of their biggest searches on the members, business establishment and business associates of one single family, that is, Sasikala's.

The places raided included the residence of M. Natarajan, Sasikala's husband, in Thanjavur, Kodanad Tea Estate belonging to late Tamil Nadu Chief Minister J. Jayalalithaa, Jazz Cinemas, Midas Distilleries, Sharada Paper and Boards, Senthil Group of Companies, Nilgiri Furniture in Coimbatore, Jaya TV, Namadhu MGR and several other premises in Tamil Nadu, Puducherry, Hyderabad and Bengaluru.

The operation was kept secret, so much so that the raiding tax officials hired private cabs and had pasted wedding stickers on the windscreens of vehicles involved in the operation so as not to arouse suspicion.

 

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