Tracking the probe on Sekhar Reddy's illegal money trail — Gold, cash and murky deals

March 21, 2017 12:39 pm | Updated December 05, 2021 09:02 am IST

Rs. 96.89 crore in demonetised notes, Rs. 9.63 crore in Rs. 2000 notes and gold weighing 127 kg worth Rs. 36.29 crore were seized from J. Sekhar Reddy (centre) and two of his associates after three days of raids.

Rs. 96.89 crore in demonetised notes, Rs. 9.63 crore in Rs. 2000 notes and gold weighing 127 kg worth Rs. 36.29 crore were seized from J. Sekhar Reddy (centre) and two of his associates after three days of raids.

An Income Tax department's raid in Chennai unearthed over Rs. 9 crore in new currency notes at a time when banks would allow withdrawal of only Rs.24,000 cash per person per week due to post-demonetisation cash crunch.

Rs. 96.89 crore in demonetised notes, Rs. 9.63 crore in Rs. 2000 notes and gold weighing 127 kg worth Rs. 36.29 crore were seized from J. Sekhar Reddy and two of his associates after three days of raids.

What followed was a joint probe by taxmen, CBI and Enforcement Directorate.

Collection - 18 stories

Income Tax department officials come out of the office of K. Rathinam, an associate of Sekhar Reddy, after conducting raid in his premises in Dindigul on Saturday.

ED arrests sand mining baron Sekhar Reddy

Sangeetha Kandavel

CBI gets two-day custody of Sekhar Reddy, associates

Former Tamil Nadu Chief Secretary terms raid a ‘constitutional assault’

Income Tax department officials come out of the office of K. Rathinam, an associate of Sekhar Reddy, after conducting raid in his premises in Dindigul on Saturday.

CBI raids premises of Sekhar Reddy’s aides

M. Balaganessin,K Raju

Sekhar Reddy’sbail plea adjourned

Rama Mohana Rao’s son seeks time to appear before I-T team

Kolkata-based businessman Paras Mal Lodha is produced at the Saket Court in Delhi on Thursday. The Enforcement Directorate arrested him for allegedly converting more than Rs. 25 crore of old notes into new ones in connivance with international hawala operators.

TN sand baron Sekhar Reddy’s associate arrested at Mumbai airport

Sangeetha Kandavel

CRPF personnel deployed outside the residence of Tamil Nadu Chief SecretaryRama Mohana Rao’s at Thiruvanmiyur in Chennai.

I-T searches on premises of Rama Mohana Rao’s son continue

Sangeetha Kandavel

CBI arrests Sekhar Reddy, associate

CRPF seen at the raid at Chief Secretary's residence in Anna Nagar.

A ‘Search Strike’ launched with precision

CRPF men deployed outside the residence of Tamil Nadu Chief Secretary P. Rama Mohana Rao at Anna Nagar in Chennai on Wednesday.

Taxmen raid T.N. Chief Secretary

Sangeetha Kandavel

The house of Sekar Reddy at Gandhi Nagar, Vellore, was among the eight premises raided by the I-T officials. — File Photo: C. Venkatachalapathy

ED files case against Sekhar Reddy, aides

Sangeetha Kandavel,S. Vijay Kumar

Income Tax officials searching the house of Sekhar Reddy at Gandhinagar in Vellore.

Searches in TN, Karnataka yield 78 kg gold, Rs. 29 cr. in new notes

Special Correspondent

Remove Sekhar Reddy from TTD Trust Board: Left parties

Huge Haul: The cash seized by the Income Tax department. A total of Rs. 106 crore in cash, including Rs 10. crore in new notes and 127 kg gold, were seized.

Behind cash and gold seized in Chennai IT raids, lies a tale of many big contracts

Sangeetha Kandavel,Sanjay Vijayakumar

Huge Haul: The cash seized by the Income Tax department. A total of Rs. 106 crore in cash, including Rs 10. crore in new notes and 127 kg gold, were seized.

Rs. 24 crore in Rs. 2000 notes seized on day 3 of I-T raids

Sangeetha Kandavel

Day 2 of Chennai IT raids: More gold, cash seized

Sangeetha Kandavel

The building premises in Vijayaraghava Road, T. Nagar, Chennai, where Income Tax department raids were going on.

In Chennai IT raids, Rs.90 crore cash, 100 kg gold unearthed

Sangeetha Kandavel

Top News Today

0 / 0

Sign in to unlock member-only benefits!

Access 10 free stories every month
Save stories to read later
Access to comment on every story
Sign-up/manage your newsletter subscriptions with a single click
Get notified by email for early access to discounts & offers on our products

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.