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Cash Seizure: ED Official in Bellary

Published: 15th April 2014 10:38 AM  |   Last Updated: 15th April 2014 10:38 AM   |  A+A-

An official of the Enforcement Directorate arrived here on Monday to probe the money laundering angle in a case related to cash seized from the house of private financier Babulal Parashuram Puria.

An Income Tax Department official confirmed that the seized `8.77 crore was unaccounted money, adding that IT sleuths are continuing their raids and have seized documents pertaining to immovable properties.

Another official said: “We have not written any letter to the Enforcement Directorate requesting them to probe the money laundering angle, but an official has come to Bellary to probe the case based on media reports.”

Sources at the Income Tax Department said summons were served to Puria and his statement has been recorded.



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