Madhya Pradesh Businessman Shankar Rai Raided, 8 Crores Discovered In Water Tanker

Bhopal:

Madhya Pradesh-based businessman Shankar Rai and his household within the state’s Damoh district had been raided on Thursday and unaccounted money value over Rs 8 crore was recovered, the Revenue Tax Division has mentioned.

The money was present in a bag that was hidden in an underground water tank. A video exhibits the tax officers drying the money. Aside from money, jewelry value round Rs 5 crore was additionally seized.

“The Revenue Tax Division has seized Rs 8 crore in money from the Rai household which additionally included a bag containing Rs 1 crore in money stuffed in a water container. In addition to, three kilograms of gold was additionally confiscated,” mentioned Munmun Sharma, Joint Commissioner of Revenue Tax Division, Jabalpur, who headed the tax raid.

Money was stashed in an underground tank, hair dryers and garments iron had been utilized by IT dept sleuths to dry up the money @ndtv@ndtvindiapic.twitter.com/gKq1lXS3km

— Anurag Dwary (@Anurag_Dwary) January 8, 2022

Whereas Mr Rai has served because the Damoh Nagar Palika chairman with the Congress backing, his brother Kamal Rai was earlier Damoh Nagar Palika vice-chairman with backing from the BJP.

The raid which began at 5 am on Thursday continued for 39 hours. The Tax officers raided greater than ten premises owned by Shankar Rai’s household.

Mr Rai’s household was working round three dozen buses within the title of staff, the tax division revealed.

The division has declared Rs 10,000 reward for anybody giving extra data on belongings of the Rai household in Madhya Pradesh or some other location.

After the operation was over, the Joint Commissioner mentioned, “The bodily raid is over and that investigation will proceed on the idea of the paperwork seized from the Rai household which might be completed in Bhopal,”

“The division will now examine the seized paperwork and unnamed properties. So, we should anticipate the ultimate determine”, mentioned The Joint Commissioner.

In January 2019, ex-Samajwadi Get together MP from East Uttar Pradesh’s Chandauli seat Jawahar Jaiswal (carrying Rs 25,000 on head in homicide case) was arrested by UP STF from premises of Sanjay Rai (Shankar Rai’s brother).