Rs 284 Crore Found In Raids On UP Businessman Piyush Jain, Counting Still On
NDTV
GST Intelligence unit sources said Rs 107 crore in cash, and documents for properties worth crores more, had been seized this morning from three houses in UP's Kannauj
Tax raids on Uttar Pradesh businessman Piyush Jain, who is part of the perfume industry, have so far recovered Rs 284 crore in cash and large quantities of gold and silver, sources told NDTV on Monday, in the latest update to a dramatic multi-agency op that began last week and is still going on.
GST (Goods and Services Tax) Intelligence unit sources said Rs 107 crore in cash, and documents for properties worth crores more, had been seized this morning from three houses in UP's Kannauj.
Authorities also recovered documents and deeds for properties worth crores.
Sources said Mr Jain, who hails from Kannuaj's Chuppatti locality, told GST officials he had collected the cash over years by selling ancestral gold to grow his business.
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The NCP (SP) candidates who defeated their NCP rivals included Jitendra Awhad who defeated Najeeb Mulla in Mumbra Kalwa.
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