IT raid in Tamilnadu: Operation Pocket Money is running in Tamilnadu for several days. It is believed to be the country’s largest income tax raid. So far 180 crores cash and 105 kg gold have been found in this raid. Under this campaign of Income Tax Department, raids are going on in SPK group. This company belongs to Nagarajan Sayyadurai, a road contractor from Tamil Nadu. Nagarajan has several construction companies in Chennai and Madurai. Nowadays, his company is building four-lane roads between Madurai and Thirumangalam. Nagarajan has some close relations state Chief Minister E. Palaniswami, along with some of the leaders of the ruling AIADMK.
The Income Tax Department started operation on Monday morning at 6.30 am under the name ‘Operation Pocket Money‘, under which the company is being raided in 17 premises in Chennai, 17 in Aruppukotai and 22 premises in a campus in Kotpadi. A senior official associated with the Red said, “So far, about Rs 180 crore cash has been seized, without which there is doubt about the accounting, and around 105 kilograms of gold ornaments have also been seized. And this figure can go up. “