The Income Tax Department has raided several establishments and premises of a businessman, Vinay Kumar Sinha, who is also the Bihar JD(U) treasurer, and seized cash worth Rs.5 crore, said Director (Investigation) of Income Tax, Patna, Ajay Kumar on Thursday.
He said the IT sleuths raided Sinha's premises and seized the cash on Tuesday. “We have also detected investments worth Rs.25 to 30 crore by Sinha,” Mr Kumar said.
Sinha had been an MLC and currently is the treasurer of Bihar JD(U). - PTI