Unexplained cash deposits by professionals
Hyderabad doctor’s art
The doctor was found to have deposited more than Rs 11 crore in SBNs after November 8 in three bank accounts. During questioning, the individual could not provide any document to substantiate the source of the deposits, which was later admitted as undisclosed income. Prohibitory orders were initially placed on the bank accounts, which were later lifted and a sum of Rs 7.50 crores were seized.
An account of Odisha official
A government employee was searched on the basis of information on unexplained cash deposits into the bank accounts maintained with various banks in own name as well as in the name of his family members. Investigations also revealed that his wife, a homemaker with no ascertainable sources of income, had purchased land in Bhubaneswar by making cash payment of Rs 53 lakh, the sources of which could not be explained. A total cash of Rs 2.28 crore has been seized in this case. The matter has also been referred to the state vigilance department.