The manipulation of funds of public schemes is Rs. 3300 crore haulage racket launched

During the raids seized 4.19 crore cash and jewelery worth Rs 3.20 crore

New delhi date. November 11, 2019, Monday

During the raids, raids were issued in various states of the country by the Income Tax department.

Many of these referrals to rackets are involved and are associated with the racade infrastructure. A big gang is involved in the hawala racket. Its wires are also spread in cities like Delhi, Mumbai and Hyderabad.

IT department officials said that the top businessman was also involved in the hawala racket. CBDT issued a statement saying that an investigation campaign was launched on about 42 sites, during which this was a major revelation.

A scam worth Rs 3300 crore is still under investigation and a major gang has been exposed. The CBDT said in a statement that raids were carried out at several chains including Delhi, Mumbai, Hyderabad, Pune, Agra and Goa. In the meantime a big rake has been launched.

The hawala scam is linked to a fund allocated for a public infrastructure project. These funds were manipulated by entry corporates, lobbyists and hawala dealers. The statement further said that the companies involved in the trafficking are active in Delhi and Mumbai.

Similarly, a company was investigated in April this year. The CBDT said that the hawala racket being launched is linked to public schemes that are financially linked to the backward category, ie the EBC class.

During the raids, a prominent Andhra Pradesh man has also been found to have paid more than Rs 150 crore. Apart from this, the unaccounted cash amount of Rs 4.19 crore and jewelery worth Rs 3.20 crore were also seized during the raids.