IT Raids Expose Rs 281 Crore Collection Scam, Part Of The Cash Transferred To A Major Political Party In Delhi: CBDT

The Central Board of Direct Taxes (CBDT) on Monday (8 April) said that the Income Tax (IT) department has detected a well-organised racket of collection of unaccounted cash of about Rs 281 crore during its raid on various locations in Madhya Pradesh, including a close associate of Praveen Kakkar (State’s Chief Minister Kamal Nath’s OSD). The agency also hinted at the transfer of a part of “cash to the headquarter of a major political party in Delhi”, ANI has reported.

“Searches in Madhya Pradesh by Delhi Directorate of Income Tax have detected widespread and well-organised racket of the collection of unaccounted cash of about Rs 281 crore through various persons in different walks of life including business, politics and public service,” said the CBDT in a statement.

“A part of the cash was also transferred to the headquarter of a major political party in Delhi including about Rs 20 crore which was moved through hawala recently to the headquarters of the political party from the residence of a senior functionary at Tughlak Road, New Delhi,” added the statement.

Meticulous records of collection and disbursement of cash in the form of hand written diaries, computer files and excel sheets found and seized corroborate the findings, said the statement.

According to the CBDT, unaccounted cash of Rs 14.6 crore has been found so far, besides 252 bottles of Liquor, few arms and hide-skins of tiger.