Sasi clan stash size `1,430 cr and count­ing

The New Indian Express - - FRONT PAGE - C SHIVAKUMAR @ Chennai

THE five-day-long raids by In­come Tax Depart­ment against the close aides of jailed AIADMK leader Sasikala and TTV Di­nakaran have brought to light the con­ceal­ment of `1,430 crore worth of un­ac­counted wealth.

“This is pal­try go­ing by the amount of in­crim­i­nat­ing doc­u­ments we have seized dur­ing the raids. This is noth­ing com­pared to what we have seized,” a se­nior In­come Tax of­fi­cial told Ex­press af­ter Mon­day raids.

The of­fi­cial also did not rule out the pos­si­bil­ity of En­force­ment Direc­torate launch­ing a probe un­der Pre­ven­tion of Money Laun­der­ing Act as the raids also in­volved shell com­pa­nies. “It would be done as per the law,” he said.

The of­fi­cial also dis­closed that the peo­ple whose premises are raided are not open­ing up to queries per­tain­ing to shell com­pa­nies. “We have our own ways to find out,” he said. The ma­jor fo­cus of the raids has been Kr­ishna Priya, the niece of Sasikala, who is be­lieved to be a ma­jor op­er­a­tor of shell com­pa­nies. “Vivek Ja­yara­man, who is the nephew of Sasikala, was not in­volved with shell com­pa­nies ear­lier. Now he is part of it,” the of­fi­cial said.

The of­fi­cials said that the large num­ber of bank ac­counts were frozen by the in­ves­ti­gat­ing of­fi­cers. The of­fi­cial also said that Di­vakaran, brother of Sasikala, has been sum­moned for in­ves­ti­ga­tion. On Mon­day three close aides of Sasikala and Di­vakaran along with Vivek were sum­moned by the in­ves­ti­gat­ing of­fi­cers of In­come Tax.

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