The Income Tax Department, which had carried out simultaneous searches in Odisha, Jharkhand, and West Bengal in the first week of December, said ‘unaccounted’ cash amounting to more than ₹351 crore was discovered during raid.
The IT department for the first issued an official statement which said, “The search operation has resulted in the seizure of undisclosed cash amounting to more than ₹351 crore and unaccounted jewellery exceeding ₹2.80 crore. It is said to be the biggest cash haul in any single operation of the IT department’s history.
“A substantial part of the cash, to the tune of ₹329 crore, was unearthed and seized from obscure and dilapidated buildings, hidden chambers and hidden safe-house camouflaged as an unoccupied or nondescript residence located in small towns of Odisha including Sudapada and Titlagarh in Balangir district and Khetrajrajpur in Sambalpur district,” it said.
