IT Department raids on Odisha more than Rs 200 crore cash recovered

IT Department raids on Odisha more than Rs 200 crore cash recovered

Rs 200 crore recovered in I-T raid at premises linked to congress MP : Modi says every penny will be returned to public.According to income tax Sources “Around Rs 200 crore so far but counting is still on, so the amount will be more. Over 25 premises were searched in Odisha and Jharkhand.

The Income Tax Department sas so far seized over Rs 200 crores in simultaneous raid conducted at around 25 premises in Odisha and Jharkhand linked to Baldeo Sahu and group of companies Ltd, a Cocuntry-liquor manufacturing and selling firm with operations across odisha’s Western District Bolangir. The total seized amount is likely to go up as the counting process is still on, sources in the I-T Department said. After Recovering around Rs 225 crores till friday, the IT sleuths seized another 20 bagload of cash from the house of country made liquor manufactuer in sudapara area of bolangir distirct on december 9.

IT Department raids on Odisha more than Rs 200 crore cash recovered

IT Department raids on Odisha more than Rs 200 crore cash recovered. I-T sleuths had on Friday taken 156 cash-loaded bags to the SBI main branch at Bolangir for counting. I-T DG Sanjay Bahadur, who has been camping in Bhubaneswar for the last three days, however, refused to divulge details on the ongoing raids. “Our people are working on it,” he told reporters today. Also visit www.odishastudypoint.in

According to I-T sources, the liquor manufactuer Group is allegedly linked to Congress Rajaya Sabha MP from Jharkhand Dhiraj Sahu, whose family members run the business. It’s a partnership firm of Boudh Distilleries Private Limited and a leading Country-liquor manufacturing firm, I-T sourcs said.

Sources said that 150 officials were taking part in raids on the liquor manufactuer group, the I-T department has also engaged another 20 officials from Hyderabad for verification of digital documents recoverd from different places during the I-T raids. The seized money was being counted at wo SBI branches at sambalpur and Bolangir, Sources said, adding that counting of the cash, mostly in Rs 500 demonination notes, has become a herculean task and machines have developed glitches due to the heavy load. Note counting machines have been brought from banks to streamline the process, they said.

IT Department raids on Odisha more than Rs 200 crore cash recovered. After conduting raids on manufacturing units and premises of stakeholders associated with Baldeo Sahu and Group of Companies, one of the biggest countrymade liquor manufacturers in western Odisha, the agency is now targeting offices and residences of all the persons linked to the group.

the I-T raids started from Boudh Distillery Privated Limited, a subsidarly of Baldeo Sau Infra Privated Limited. The raids were conducted in Sambalpur, Rourkela, Bolangir, Sundargarh and Bhubaneswar.

Taking a dig at congress leaders, Modi Wrote: The countrymen should look at the pile of these notes and then listern to the honest speeches of their leaders. whatever has been looted from the public. Stating that he is not aware about the exact amount of the seized money, swain siad the bank will deposit the money in an appropriate account on suggestions of the I-T department once the counting process is completed.

Jaharkhand congress spokesperson Rakesh Sinha Said: “Dheeraj Prasad Sahu’s business is very old, and his wealth did not grow overnight.. Almost all manufacturing and sale of country liquor in Odisha is owned by Dheeraj Sahu, where transactin are in cash, They are into hospitality, transport, fisheries, liquor and various other businesses. Also, as far as we know, the I-t department has not communicated anything to him.

Rajaya Sabha MP & BJP Jharkhand chief Deepak Prakash said: “This is the cash recovered from raids on one congress MP; imagine how many have been hollowing our nation for the last 70 years.”. Read More at www.ptinews.com

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