22.12.16

I-T raids top TN babu's home

In a huge embarrassment to the AIADMK government in Tamil Nadu, Income Tax officials carried out raids at the residence of Tamil Nadu Chief Secretary P Rama Mohana Rao and 10 other locations, including Chittoor in Andhra Pradesh. The raid at Rao's home and that of his kin, at Annanagar and Thiruvanmiyur here, began at 6 am, with Central Reserve Police Force (CRPF) protection.
Officials recovered Rs.30 lakh in new currency, 5kg of gold and several documents showing financial transactions between Rao and an industrialist. The search comes close on the heels of I-T department's seizure of Rs.130 crore cash and 171 kg gold from raids at the premises of industrialist J Sekhar Reddy and his associates just over a week ago. Documents recovered in these searches had allegedly pointed to close links between the industrialist and Rao's son.
A 1985 batch IAS officer, Rao was appointed the state's top bureaucrat in June this year.

No comments: