In poll bound Manipur, sleuths of the Income Tax Department have seized 36 lakh and 50 thousand rupees in cash from the possession of one businessman at Thangal Bazar in Imphal.
Official sources said, on a tip of information, IT officials raided the residence of the businessman yesterday and recovered the money. An undisclosed account of 10 crore of rupees was also found from him.
Following the incident, IT sleuths have raided the residence of the businessman’s younger brother located at Jaipur in Rajasthan. Investigation is going on to ascertain whether the seized money is meant for election purposes or not. Meanwhile, expenditure observers of the forthcoming state assembly elections and IT officials are keeping strict vigil on the candidates and major money transactions in the state.