On August 20, 2020, in many locations of Bhopal many search and seizure operations were conducted by the Income Tax (I.T.) Department.

In the Bhopal Search Operation, Documents relating to the Ownership Agreements of about 100 Properties in the form of Plots, Flats and Agricultural Land valuing about Rs.105 Crores had discovered. Also, these documents indicate that the Undisclosed Cash amounts of high-value were invested in these properties. Also, many of these properties discovered were in the Name of the Persons of no means which represents that these properties are Benami Properties.

Jewellery and Cash worth Rs.1.8 Crores was also seized by the I.T. department which was discovered while performing the search operations and many more documentary pieces of evidence were identified which indicates the partnership/association with some retired government servants and holding of their Benami properties.

It was also found that one of the groups Key Person for whom these search operations were managed owned and managed a Bangle Shop and one other person was a Property Developer/ Builder and had a Cricket Academy. Further investigations are still going on.

With Warm Regards,

CL Bureau.

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