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Officials seize Rs 50 lakhs unaccounted money in TN

Two persons were booked after Rs 50 lakh unaccounted cash was allegedly recovered from them near Perundurai area here in the poll-bound Tamil Nadu.



Erode: Two persons were booked after
Rs 50 lakh unaccounted cash was allegedly recovered from them
near Perundurai area here in the poll-bound Tamil Nadu.

District Collector T Soundiah today said the cash was
seized last night when flying squad members searched a car.

The model code of conduct is in force in the state
following the announcement of the April 13 Assembly elections.
The two persons travelling in the car, who said they
were real estate businessmen, could not account for the money,
which was deposited in the government treasury, he said.

Till the elections were over, those who draw Rs one
lakh and above from banks should submit proper accounts if so
demanded by officials. Failure to do so would result in the
amount being seized and a case registered against them,
Soundiah added.

PTI

From Zee News

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