The ongoing raids have already led to the discovery of over Rs 200 crore in cash...
Digital Desk: In a significant crackdown, the income-tax department is conducting searches against the Odisha-based Boudh Distillery Private Limited and related entities, aiming to recover unaccounted cash amounting to approximately Rs 250 crore.
The ongoing raids, initiated on Wednesday, have already led to the discovery of over Rs 200 crore in cash, with expectations that the total recovery could reach Rs 250 crore, according to official sources.
The tax department has deployed three dozen counting machines to process the massive cash haul. However, due to their limited capacity, the counting process is progressing at a slow pace, emphasizing the enormity of the operation.
The searches also extended to premises associated with Dhiraj Prasad Sahu, a Rajya Sabha MP from the Congress party representing Jharkhand. Despite an attempt to seek a response from the distillery group, no reply was received by PTI through an email sent on Thursday.
Cash, reportedly stashed in almirahs, accounted for Rs 200 crore and was recovered from a location in Balangir district, while the remaining funds were found in various places such as Sambalpur and Sundargarh in Odisha, Bokaro and Ranchi in Jharkhand, and Kolkata.
Prime Minister Narendra Modi highlighted the income-tax department's success in recovering Rs 200 crore through a post on social media platform X.
Modi criticized the opposition party, stating, "Countrymen should look at these piles of currency notes and then hear the addresses of its (Congress) leaders on honesty. Every penny looted from people will have to be returned. This is Modi's guarantee," emphasizing the government's commitment to combating corruption.
Attempts to obtain a comment from MP Dhiraj Prasad Sahu regarding the income-tax department's actions were met with an expression of inability from his staff when contacted by PTI.
Officials stated that the tax department acted on "inputs" regarding significant cash transactions within the liquor distribution, sales, and business sectors, leading to the launch of these raids. The operation reflects the government's determination to curb illicit financial activities and promote transparency in economic transactions.
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