Income Tax department officials are carrying out searches at the premises of contractors and suppliers to the Tamil Nadu Electricity Board (TNEB) and Tamil Nadu Generation and Distribution Corporation (TANGEDCO) at over 40 locations in Chennai and other districts.
Some of the areas in which the raids are underway are Thoraipakkam, Neelangarai, Pallikarnai, Navalur, OMR and Ennore.
The raids come days after the ED raided the premises of those in the sand mining business and officials of the Water Resources department.
In April this year, the Enforcement Directorate (ED) raided 10 locations in Chennai related to TANGEDCO officials. In a statement, it said that Rs 360 crore kept in the form of fixed deposits had been seized.
Later, in July, the NGO Arappor Iyyakam stated that there had been a loss of Rs 397 crore to the exchequer because of irregularities in the procurement of distribution transformers for TANGEDCO.
It alleged that minister Senthil Balaji played a role in this during his tenure as Electricity minister.
Comments ↓
An Appeal...
Dear Reader,
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.
