Newsroom24x7 Staff

Chennai: Income Tax search and seizure operation was continuing this evening in the offices and residence of some persons, few of whom are said to be friends of Tamil Nadu chief minister O. Panneerselvam and another State minister.

According to available information 127 kg gold in 1 kg bars, ₹ 96 crore in old currency and  ₹ 10 crore in new 2000 notes has  been seized in the Income Tax raid.  It reveals that the black money is now being accumulated in the new high value currency of ₹ 2000 .

It has been reported  by a section of media that the officials of the Income Tax department raided a number of places in the State capital bringing under the scanner the establishments and homes of jewellers and sand miners. .

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Newsroom24x7.com is edited by Lalit Shastri. He is is an Indian journalist, columnist, wildlife film maker, birder, and environmentalist. He is a former Principal Correspondent of The Hindu and a Special Correspondent of The Asian Age - two of India's leading English newspapers. He quit a corporate job to investigate the causes leading to the 1984 Bhopal gas disaster and subsequently became a full-time journalist. He has extensively covered from ground zero for The Hindu, the riots that followed the demolition of the Babri Mosque in Ayodhya and repeated attacks by Naxalite-Maoists in the Central Indian States of Chhattisgarh and Madhya Pradesh. View all posts by Newsroom24x7 Network