Prime News, National (Chennai), November 14:- Income Tax officials say they have found Rs.1,430 crore in undeclared income in raids on Jaya TV and family members of jailed AIADMK party leader VK Sasikala including brother VK Divakaran. Authorities also say Rs. 7 crore in cash, Rs. 5 crore worth of gold and a huge collection of diamond jewellery the value of which is yet to be assessed have been recovered. Specialist diamond assessors have been summoned to evaluate the haul, they added.
At the end of the five-day search, a senior officer told NDTV, “The extent of unaccounted income will definitely be much higher than Rs. 1,430 crore. There’s also evidence of huge amounts parked in several places across the country.”
Officials also say they have identified several shell companies floated by the family members of Ms Sasikala, an aide of former Tamil Nadu Chief Minister J Jayalalithaa who died last year. They’ve also found a huge number of incriminating documents which are yet to be studied in detail.
Over the last five days, income tax officials said they had raided 10 “assesse groups” at 187 locations across Tamil Nadu, Andhra Pradesh, Puducherry and Delhi over suspected tax evasion. “Though the key target was the family that operates Jaya TV, the other nine groups we now believe all had some kind of monetary transaction with them. Respective officers will summon concerned individuals for investigation,” a senior Income Tax department officer added.
On the day the raids began, officials had alleged that the Jaya TV group, linked to Tamil Nadu’s ruling AIADMK party, had floated several shell companies and fudged accounts.
TTV Dhinakaran, who has been sidelined in the AIADMK following a dramatic year of political turmoil within the party since the death of Ms Jayalalithaa, had denied the allegations and called the raids politically motivated. (MR, Inputs: Agencies).