The Investigation Department raided twenty premises of Sula Vineyards and the associated companies of the director Rajeev Samant. Sula is the leading importers of wine and spirits located in Nashik and Mumbai region. On Monday I-T officials claimed that they have collected the documents and electronic evidence from Samant companies to compare them with details from the Panama papers in order to verify connections. The Panama Papers are the documents which leaked from the database of the world’s largest overseas law firms Mossack Fonseca, that helps in managing undeclared assets of the world’s richest with offshore tax havens.
As per the reports, the raids were allegedly linked to the information of the leaked Panama papers documents. However, during the investigation, Rajeev Samant has denied any connection with Panam Papers. He said that they have no connection with the Panama Papers or any other documents. I-T departments raided Samat’s companies over the weekend along with associated companies in the Mumbai and Nashik.
I-T department had also claimed that they have found that the company had deposited Rs 1.5 crore in the demonetized currency also the transactions are in the process of verifying. And the department has also collected the suspected misuse of Tonnage Tax Scheme for the maritime businesses. As per the reports, the raid was started from Friday at 20 different premises of Mumbai and Nashik