I-T dept seizes Rs 85cr cash, bullion from illegal Delhi vault

Agencies
January 13, 2018

New Delhi, Jan 13: A total of Rs 85.2 crore in cash, bullion and jewelley have been seized by the Income Tax Departmentafter it searched a private vault in Delhi as part of its anti-black money drive.

A fresh seizure of over Rs 23 crore in gold jewellery, biscuits, precious stones and cash was made yesterday by the sleuths of the investigation wing from the vault, official sources said.

Assets worth more than Rs 61 crore were seized by the department over the week from multiple lockers located in the private vault in the South Extension area of Delhi.

Sources privy to the operation said out of the total Rs 85.2 crore stash seized, Rs 8 crore is in cash (mostly Rs 2000 notes) while the rest is bullion, jewellery, diamonds and other precious stones.

The assets allegedly belong to some high networth (HNIs) individuals from Delhi like a builder, a gutkha trader and some businessmen based in the national capital.

They said that the department has initiated proceedings for tax evasion and under the benami assets law against the illegal vault holders.

"The case pertains to black money detected post demonetisation and some others being probed under the new anti-benami law.

"The lockers have been opened now and unaccounted assets seized," a senior official said.

The assesses did not allegedly declare these assets to the taxman and concealed them in these vaults.

Private lockers or vaults, that operate like normal bank lockers, are illegal and not recognised under the law.

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News Network
June 7,2020

Bengaluru, Jun 7: A 27-year-old man was allegedly killed using deadly weapons by unidentified people here, police said.

The incident took place at deceased, Arvind's rented house in LBS Nagar inside HAL police station limits.

According to police, Arvind is an accused in a criminal case and recently walked out of jail on bail. 

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News Network
February 16,2020

Gorakhpur, Feb 16: Two unidentified policemen allegedly raped a 20-year-old woman in a hotel room near a railway station in Uttar Pradesh's Gorakhpur.

The incident took place on Thursday after which the woman informed her family members. The FIR was registered in the matter on Friday, police said.

A case under various sections of the Indian Penal Code (IPC) including gang rape has been registered against two unidentified police men at the Gorakhnath police station, they said.

No arrests have been made so far in this connection, the police added.

Members of various political parties including Congress, Samajwadi Party, BSP and Purvanchal Sena staged a sit-in demonstration at the office of the district magistrate (DM) demanding suspension of all staff members of the Gorakhnath police station as well as a magisterial probe into the matter.

"The girl is undergoing treatment at the district hospital. She has made serious allegation of rape by two policemen. During investigation we found that the hotel has CCTV footage and also took the statement of guard," SSP Gorakhpur, Sunil Kumar Gupta said.

"Prima facie, the woman went to the hotel room willingly with some men. However, a probe is underway and culprits won't be spared," he said.

The woman told media that both the policemen thrashed her and accused her of being involved in prostitution.

She claimed that she requested them to leave her but they beat her and raped her. Later, they asked her to go home in an autorickshaw.

The survivor also told media and investigating policemen that she will be able to identify the hotel room where the crime took place as well as the two policemen who allegedly raped her.

The woman said she runs coaching classes at her home and her father is a labourer.

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News Network
July 12,2020

Tamil Nadu, Jul 12: An alleged attempt by a 19-year-old man to "open a branch of the State Bank of India" at Panruti near Tamil Nadu was scuttled and he was arrested for forgery, police said on Saturday.

The man, son of retired SBI employees, had readied fake seals and challans of the public sector lender, and had other paraphernalia like a cash counting machine needed "to run a bank branch," on an upper floor of his residence at Panruti, about 25 km from Tamil Nadu.

He had not, however, put up any signboard. The SBI Panruti branch manager lodged a complaint with police seeking action following a tip-off by a customer that the man was "opening an SBI branch and has challans as well."

A printer who printed the challans and another who had made fake seals were held for similar offences and abetment.

They were produced before a magistrate court and enlarged on bail.

Asked if the man had cheated people by soliciting deposits or facilitating loans, Panruti police inspector K Ambethkar said, "no..we have not received any such complaint so far."

The man's late father had worked for SBI and his mother had retired from the same bank some time back, he said.

To a question, the police inspector said the man's mother, who has mobility issues, and another woman a relative living in the same house had no clue about his "idea."

Investigations revealed that he aspired to work for a bank and since he had closely watched banking operations for long he was "very knowledgeable" about it.

On the suspected motive, he said several of his replies were incomprehensible, childish, and strange notwithstanding his excellent understanding of the banking processes.

"He even calmly told us that he awaited approval from Mumbai to open the (SBI) branch and that he was about to put up a signboard," the inspector said, adding that the man had tried unsuccessfully to get employment on compassionate grounds in the SBI following the death of his father in harness.

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