CBI raids in Kolkata, Ranchi on shell companies

CBI raids are part of the country-wide raid in connection with shell companies and Hawala rackets.

The Central Bureau of Investigation (CBI) is conducting raids in Ranchi and Kolkata in connection with shell companies suspected of being involved in hawala racket.

The investigation agency raided the premises of Tapas K Dutta, principal secretary, Income Tax-Department at Salt Lake in Kolkata and Ranchi. Currently, the CBI is conducting raids at 23 locations in Ranchi and Kolkata.

The CBI took the step against Principal Commissioner Tapas Kumar Dutta, posted in Ranchi, and three of his colleagues following allegations of criminal conspiracy.

They were accused of favouring private persons and companies in the matter of taxes and for taking illegal gratification.

"It is alleged that Dutta and three other Income Tax officials conspired with six private persons, including a chartered accountant, and some unidentified persons," the official added.

According to reports, CBI raids are part of the country-wide raid in connection with shell companies and Hawala rackets.

(With agency inputs)