India’s Biggest Cash Recovery in IT Raids at Congress MP’s Premises

Estimated read time 2 min read

Bhubaneswar: A lot in the news about some states like Orissa, Jharkhand, and West Bengal. A significant amount of cash has been found, mainly in Orissa and Jharkhand. If you have crores of cash with you, it’s likely not legal money. Legal money is usually kept in a bank account, right?

But in this case, the Income Tax (IT) department found a massive amount of cash during a raid. This might be the biggest cash recovery in India’s history. A Member of Parliament named Dheeraj Sahu, who is associated with the Congress party, had unaccounted cash of around 300 crores at his home. This cash was found hidden in various places, including his staff’s homes and liquor outlets.

The IT department launched this raid because they got information that Dheeraj Sahu might be involved in making money through unaccounted sales in his liquor business. Usually, when you sell liquor, you have to show it in a bill, and taxes are paid accordingly. But if you sell without a bill, it becomes unaccounted, and the government doesn’t get the proper taxes.

The cash recovery is happening mainly in Orissa, where the IT department found large amounts of cash hidden in unusual places, like huts and almirahs of liquor shops. The total amount recovered is officially stated as 300 crores, but there are speculations that it might be more.

Dheeraj Sahu has been a Rajya Sabha MP from Jharkhand since 2010, representing the Congress party. The IT department is now investigating his other businesses too. The Congress party claims that they are not involved in Dheeraj Sahu’s business activities, but there are questions about how a person associated with the party had such a large amount of unaccounted cash.

In response to the raid, PM Modi tweeted, suggesting that people should pay attention to the pile of notes and question the honesty of their leaders. The investigation is ongoing, and the Income Tax Department is looking into all the connections of Dheeraj Sahu’s businesses.

In conclusion, after the raid on Study IQ, the IT department is now focusing on other links related to Dheeraj Sahu’s businesses. The situation has raised questions about the source of such a huge amount of cash and its connection to political figures.


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