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Chennai: I-T raids targeted benami holdings

Even as the IT raids were on, the Chief Minister removed Viswanathan from the post of organising secretary of the AIADMK party on Monday.

Chennai: The income-tax raids at premises belonging to former AIADMK minister Natham R Viswanathan and son of city mayor Saidai Duraisamy continued till Tuesday afternoon. "They got over by Tuesday afternoon. We are mainly looking at benami holdings of these politicians," an IT official disclosed.
Teams that went to Natham Viswanathan's ancestral home in Dindigul are yet to return, the official said. Viswanathan's reported financial involvement in a real estate firm was also under the scanner of IT official.

The official also disclosed that a lot of documents related to various finance transactions, including land dealings, were seized and are being scrutinised by teams of income tax officials, who started the raids on Monday morning at over 40 places belonging to the politicians, a jewellery shop owner and a medical college owner.

"Raids at the house of the Mayor at CIT Nagar and as well as the office of UPSC coaching centre were fruitful. But searches at his Selaiyur farm house did not yield much result," the officials revealed.

Even as the IT raids were on, the Chief Minister removed Viswanathan from the post of organising secretary of the AIADMK party on Monday. Viswanathan had contested the recent Assembly election but lost the contest after being moved from his home constituency in Natham.

( Source : Deccan Chronicle. )
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