The raids conducted in Madhya Pradesh over the last two days have exposed a “widespread” and “well-organised” racket involving unaccounted cash of ₹281 crore, the Income Tax department said in a statement today.
A portion of the cash had been transferred to the headquarters of “a major political party in Delhi”, and this included ₹20 crore moved through hawala (illegal transaction) channels from the residence of a senior functionary on Delhi’s Tughlak Road, it added.
According to a statement from the IT department, the seized items included tiger skins, unaccounted cash amounting to ₹14.6 crore, 252 bottles of liquor and a few firearms. Meticulous records of collection and cash disbursement in the form of handwritten diaries, computer files and excel sheets corroborate the above findings, it added.
The IT department claimed that further evidence of the racket emerged during raids in the national capital against those linked to a “close relative of a senior functionary”.
The incriminating evidence, it added, included a “cash book recording unaccounted transactions of ₹ 230 crore, siphoning of money through bogus billing of more than ₹ 242 crore, and evidence of over 80 companies in tax havens”.
IT officials had raided the residences of Madhya Pradesh Chief Minister Kamal Nath’s former private secretary Praveen Kakkar in Indore and former advisor Rajendra Kumar Miglani in Delhi in connection with an alleged hawala case on Sunday morning.
The raids came just a week after the IT department targeted people linked to the Congress-Janata Dal (Secular) coalition in Karnataka.
On Sunday, the Election Commission had instructed investigation and enforcement agencies under the Union Finance Ministry to ensure that their pre-poll raids remain politically neutral. The poll body also mandated that its officials be informed in advance before any such exercise is undertaken.