Economy

CBI raids at 23 locations in Kolkata, Ranchi over hawala dealings

CBI raids at 23 locations in Kolkata, Ranchi over hawala dealings

According to reports, CBI is carrying out raids at 14 locations in Kolkata and 16 in Ranchi.

The CBI on Wednesday recovered Rs 3.5 crore cash and 5 kg gold during searches at the Kolkata residence of Jharkhand's Principal Commissioner of Income Tax in connection with a corruption case, the agency said.

Sources in the CBI office here said the sleuths of anti-crime branch of the central investigating agency fanned out early in the morning and began raiding simultaneously mainly in Kolkata and Ranchi. "It was further alleged that the Principal Commissioner of Income Tax (Dutta) has already issued favourable orders in the case of private companies, who already paid huge bribe, which was allegedly stashed with a private person", Gaur said.

Dutta will be produced today in the Competent Court at Ranchi. The CBI officials said that the IT officials were accused of favouring companies and private persons in tax related matters for taking illegal gratifications.

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Last week, the CBI had raided the house if former Indian Railways Catering and Tourism Corporation (IRCTC) Managing Director P K Goyal.

The raids were also carried out in Salt Lake area of Kolkata.

A total of 37,000 shell companies have been identified by tax authorities post demonetisation, Prime Minister Narendra Modi had said on July 1, adding that data was being analysed to recognise more spurious entities.


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