The Income Tax Department on Saturday continued its searches at locations connected to jailed All India Anna Dravida Munnetra Kazhagam leader VK Sasikala (pictured above), her family and their business associates, ANI reported.
Officials searched 40 new places as part of the operation that began on Thursday. In Chennai, taxmen continued their searches at the offices of Tamil newspaper Dr Namadhu MGR, Jaya TV, and the residence of the channel’s Managing Director Vivek Jayaraman and his sister Krishna Priya, who are Sasikala’s nephew and niece.
“The volume and value of cash and documents seized would be known only after they are totalled after completing the entire operation,” an official had told IANS on Friday.
The searches are connected to several high value deposits allegedly made and rerouted through different companies in the months after demonetisation, Income Tax officials in Chennai had earlier told Scroll.in. They are also connected to dubious investments, fund flow and fudging of accounts, PTI had quoted unidentified Income Tax officials as saying.