Business Standard

I-T dept attaches ~1,600-cr benami assets of Sasikala

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The income tax department has attached benami assets worth ~1,600 crore belonging to V K Sasikala, aide to former Tamil Nadu chief minister J Jayalalith­aa, officials said on Tuesday. Sources said these alleged ‘benami’ assets were purchased by Sasikala by using about ~1,500 crore of demonetise­d notes and the assets were taken under fictitious identities.

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