Income Tax raids at 20 locations to trace unaccounted money in dubious church land deal

Sources said the raid was carried out after a preliminary inquiry following the revelation of unaccounted money used in the land transaction.

Published: 28th June 2018 01:55 PM  |   Last Updated: 28th June 2018 04:17 PM   |  A+A-

Image used for representational purposes only.

By Express News Service

KOCHI: The Income Tax (Investigation) Unit, Kerala on Thursday carried out simultaneous raids at residences and offices of real estates dealers involved in the dubious land deals allegedly by Ernakulam-Angamaly arch-diocese. The Income Tax office confirmed that raid is being held at 20 locations at various parts of Ernakulam, Idukki and Thrissur districts.

Sources said the raid was carried out after a preliminary inquiry following the revelation of unaccounted money used in the land transaction. The raids also held at the residence of Saju Varghese Kunnel the main dealer in the land deal at Kothamangalam. Similarly, the residence of his close relatives was also checked. "The raid started at 7 am. The main purpose of the raid was to check whether unaccounted money was used in the land transaction," sources said.

The internal probe launched by the archdiocese also had revealed unaccounted money in the land transaction. As per the report by the probe committee appointed by the diocese, the total amount receivable according to 36 deeds was Rs 13.52 crore. But there was a huge difference of amount between the documented amount and the amount presented at the resolution by Curia (governing body). The amount is suspected to be received as unaccounted money.

The Church decided to sell five plots, nearly 306.98 cents, to resolve its financial crisis. The land price was fixed between Rs 3 lakh and Rs 19 lakh per cent in various locations. The person, who was entrusted with the land sale, sold the plots to 36 persons.

As per the land sale deed on June 21, 2016, the Archdiocese should get Rs 27.30 crore. But even after one and half years, the Church received only Rs 9.13 crore from the deal.


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.

  • Krish

    Good move !! Teach these charlatans a tough lesson which they will never forget in their lives. ...
    3 years ago reply
flipboard facebook twitter whatsapp