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Demonetisation: BJP leader Sushil Vaswani's residence, office, raided by IT officials in Bhopal

News Agencies | First published: 20 December 2016, 12:41 IST
Demonetisation: BJP leader Sushil Vaswani's residence, office, raided by IT officials in Bhopal

Officials of the Income Tax Department on Tuesday conducted a raid at the office and residence of Bharatiya Janata Party (BJP ) leader Sushil Vaswani in Bhopal.

At least 12 IT officials conducted raids at his residence, office and hotel here at around 7 am.

A case of disproportionate assets has come up against Vaswani and officials are also probing a money laundering case against him post the 8 November demonetisation drive.

Also Read: 44 fake bank accounts with Rs 100 cr deposit found in raid on Axis Bank's Chandni Chowk branch

Vaswani, who is also the chairman of co-operative bank, had a few months ago bought acres of land.

As of now, the tax authorities are investigating the case and proceedings are on.

Also Read: Noida: IT dept raids Axis Bank; discovers Rs 60 crore in 20 fake accounts

Raids are being carried out across the country by the Income Tax Department in the wake of the burgeoning fake currency racket post demonetisation.

-ANI

First published: 20 December 2016, 12:41 IST
 
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