9911796707
TMI BlogSearch in group running renowned educational institutions in Tamil NaduX X X X Extracts X X X X X X X X Extracts X X X X ..... Search in group running renowned educational institutions in Tamil Nadu X X X X Extracts X X X X X X X X Extracts X X X X ..... ducational institutions having a large number of schools and colleges in Chennai and Madurai region. The search was conducted at the office of the Trust, residences of the trustees and key employees o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the group. The charitable trusts are running a medical college and hospital, Engineering colleges and schools across Tamil Nadu. Search and survey operations were carried out at 64 places across the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... State. During the search, evidences were unearthed of fee collected under various nomenclatures from students of Engineering colleges; schools run by the group which were received in cash and not ac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... counted for; and cash receipts not accounted for in the hospital account. Loans and interest were seen repaid in cash which were earlier taken in cash for the purpose of unaccounted investments. These ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... receipts were utilised for the purchase of properties by paying on-money. The search has resulted in the seizure of around ₹ 2 crore of unaccounted cash. Out of the unaccounted income detected ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... so far, the group has admitted an amount of ₹ 532 crore as their undisclosed income. The searches are temporarily concluded and further investigations are under progress. X X X X Extracts X X X X X X X X Extracts X X X X ..... se - PIB ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
