Rs 196 Crore, 23 Kg Gold Bars, 2 Cities: Week-Long Raid On UP Trader Ends
NDTV
Rs 196 crore in cash, 23 kg of gold worth about Rs 11 crore and 600 kg of sandalwood oil worth nearly Rs 6 crore were recovered in the weeklong raids
The tax raid against an Uttar Pradesh businessman, which shocked the country with visuals of heaps of currency notes and multiple machines deployed to count them, has finally ended a week after it began.
A total of Rs 196 crore in cash, 23 kg of gold worth about Rs 11 crore and 600 kg of sandalwood oil worth nearly Rs 6 crore have been recovered in the weeklong raids that spanned the cities of Kanpur and Kannauj.
When the media reached the residence of businessman Piyush Jain in Kannauj, his son said, "I believe in the law. Whatever is right or wrong will come out." He refused to speak further.
Zakir Hussain, Additional Director of Directorate General of GST Intelligence, told the media in Kannauj, "We have concluded the raid here and handed over the gold to DRI [Directorate of Revenue Intelligence]. Investigation is on."
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