Delhi police have seized Rs 13.5 crore including Rs 2.62 in new currency note of Rs 2000, from the office premises of T&T law firm founder Rohit Tandon
Delhi police have seized Rs 13.5 crore including Rs 2.62 in new currency note of Rs 2000, from the office premises of T&T law firm owner Rohit Tandon. Along with the new currency notes, the lawyer had hoarded Rs 7.70 crore in banned Rs 1000 notes and Rs 3.6 crore in Rs 100 notes, police said. Interestingly, Tandon watched the entire raid live on his phone from a hiding.
A joint team of Inter-State Cell of Delhi Police crime branch and Income Tax department conducted the raid at Tandon’t office in Greater Kailash after they received a tip-off that the lawyer had hoarded huge amount of old and new currency notes, police said.
Police were keeping a watch on the lawyer’s activities for the last few days. On Saturday, police were informed that huge amount of currency notes had arrived at Tandon’s office and they immediately conducted a joint raid after getting a search warrant.
Police said that two note counting machines were also recovered during the raid.
According to an IE report, Tandon had declared Rs 125 crore in unaccounted income to the Income Tax department during a raid at his office on October 19.
India Today reported that Tandon’s office is equipped with CCTV cameras and other electronic security equipment. When police started the raid, Tandon received an alert and went into a hiding. However, he watched the entire raid live on his smartphone, police told India Today.
Earlier, police had said that Tandon fled after the raid and they were searching him. However, IE reports that Tandon has returned to his office. Tandon also allegedly told police that he was not absconding and examining legalities of the case from his Chhatarpur house.
Amidst reports of wrongdoings by bank staff after demonetisation, Modi government has taken a slew of measures to nab people hoarding cash illegally. The I-T department has seized illegally hoarded old and new currency notes worth over Rs 100 crore as well and gold and silver from several places across the country.
Following the direction of Prime Minister Narendra Modi, the government has reportedly conducted sting operations in around 500 branches of banks across the country.
ABP News reported that CDs of the sting operations have been sent to the Union Ministry of Finance and proper action against erring bank officials would be taken at an appropriate time.