Tamil Nadu Assembly Elections | I-T searches held at DMK Tiruvannamalai candidate Velu’s properties; ₹3.5 crore seized
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The Income Tax (I-T) Department on Thursday carried out simultaneous searches at a number of properties belonging to senior DMK chief and former Minister for Food E.V. Velu.
The searches started at the same time as DMK president M.K. Stalin was canvassing votes for Mr. Velu, who has been fielded within the Tiruvannamalai Assembly constituency.
According to I-T Department officers, searches had been carried out at round 10 areas, together with in Chennai and Tiruvannamalai, based mostly on an enter that the Department acquired.
‘Tip-off received’
“We got a tip-off regarding cash movement,” a supply from the Department stated. By night, the officers had seized ₹3.5 crore in unaccounted-for money. “The searches are still on,” one other official stated, including that extra particulars could be made obtainable solely when the searches concluded.
The I-T Department had deployed its groups throughout the State to observe money motion after the announcement of the Assembly election dates.
“There were several searches [election-related] that happened in the last few weeks in Tamil Nadu. Seizures were made in around 35-40 cases. The total amount seized till date is ₹65 crore,” a supply stated.
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