IT raids yield crores in Patna
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Last Updated: Thursday, March 22, 2012, 16:41
  
Patna: 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 cashes worth Rs five crore.

Director (Investigation) of Income Tax, Patna, Ajay Kumar said the IT sleuths raided Sinha's establishments and premises and seized Rs five crore in cash on Tuesday.

"We have also detected investments worth Rs 25 to Rs 30 crore) by Sinha," Kumar said adding some bank accounts were also detected.

Sinha had been an MLC currently treasurer of Bihar JD(U).

PTI


First Published: Thursday, March 22, 2012, 16:41


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