Over hundred of sleuths of the Income Tax Department reportedly conducted raids on business establishments on famous real estate company, whose one of the partner is very close to ruling Samajwadi Party and his name was also included in the list sent to Governor for nomination of MlC.
Interestingly, besides cash and other valuables, the team reportedly recovered several documents pointing towards large scale investment of unaccounted money in the above firm. However, the IT team refused to reveal the details claiming that the matter was still under investigation.
Sources said that the sleuths of the Intelligence wing of the IT department reportedly got inputs that the famous `Shalimar’ real estate group jointly hold by Sanjay Seth and Khaleed Masood, had spread it’s business manifold and that the group went on making huge construction of posh accommodations even when their already existing structures had only few buyers.
It was further came to the knowledge of the intelligence wing that the group had good relations with many leading politicians and bureaucrats and a big amount of black money earned by them has been also rooted into the above business. The persons sitting at high places also reportedly helped the group in procuring land at the most prime locations of the city.
Sources further said that the Intelligence agencies wanted to confirm that without disposal of properties, how the group is went on growing rapidly is last few years. After this information of Intelligence wing of the IT department had been passed on to the Enforcement Cell of the IT here in lucknow, they reportedly developed the information and finally formed over 15 teams comprising of over 150 of IT personnel from Uttar Pradesh and Uttrakhand respectively.
On Thursday morning, the teams suddenly started raids in all the establishment and offices of the group in lucknow, Delhi, Mumbai, Kolkata and other places across the country. In lucknow, the raids were conducted at a dozen premises in lalbagh, Gomatinagar, Hazratganj areas along with establishment of Khaleed Masood in Golaganj. The raids were also conducted on popular East UP’s Banaras Glass House. The search operation reportedly continued at the time of filing this report and the team members seized several documents related to investment in the group by other parties.
It may be mentioned that Sanjay Seth’s name was included in the list which was sent to Governor, Ram Naik for nomination of MlC. However, the delay in nomination was made as the governor raised several queries including that what contribution did the persons, proposed in the list, made in the field of art, culture, sports, science etc that they would qualify to be nominated as a MlC. Sources said that objection was also on Sanjay Seth as he was just a builder closed to power.