Chennai: IT raids on Jaya TV premises continue for 4th day

The Income Tax (I-T) raids continued for the fourth day against the aides and relatives of jailed AIADMK leader V K Sasikala and ousted AIADMK leader T T V Dhinakaran, but tax authorities refused to give details of the seizures effected.

Earlier on Saturday, the IT department raided at Dr Namadhu MGR (Tamil newspaper) and Jaya TV Offices, also at the residence of Managing Director Vivek Jayaraman and his sister Krishna Priya in Chennai on in connection with alleged tax evasion matter.

IT sleuths raided simultaneously at 40 locations. The allegation covers aspects like shell companies, dubious investments, fund flow and fudging of accounts, income tax sources told PTI.

The raids are being conducted over suspected tax evasion as part of 'Operation Clean Money'.

OneIndia News