Anil Deshmukh’s trust laundered Rs 4 crore, concealed income of Rs 17 crore: I-T Department

2 months ago 23

The Income Tax department claims to have unearthed the laundering of Rs 4 crore by an educational trust controlled by former Maharashtra Home Minister Anil Deshmukh. The officials also claim that they have found evidence of concealment of income amounting to Rs 17 crore by entities linked to Anil Deshmukh and his family members.

A search and seizure operation was initiated by I-T officials on September 17 at the premises linked to Anil Deshmukh and his family members in Mumbai, Pune and Nagpur.

Searches were also conducted at Shri Sai Shikshan Sanstha Trust - an educational trust controlled by Anil Deshmukh and his sons, his warehousing and agri-business in Nagpur and other parts of Maharashtra.

“More than 30 premises were covered in the search and survey operations spread across Nagpur, Mumbai, New Delhi and Kolkata,” said the I-T officials in a statement.

DIGITAL EVIDENCE FOUND

According to officials, many incriminating documents, loose sheets and other digital evidence were found and seized.

“These evidences clearly indicate the involvement of the group in unaccounted financial transactions made outside the regular books of accounts including inflation of expenses, money laundering, bogus donation receipts, unaccounted cash expenses etc,” added the statement.

ALSO READ | Dawood aide Parveen arrested in extortion case involving Param Bir Singh

Tax officials have alleged that the educational trust linked to Anil Deshmukh received unaccounted money to the tune of over Rs 4 crore in the garb of donation from two Delhi-based companies. Searches were also conducted on these two companies in the national capital.

“Evidence for receipt of a bogus donation in the hands of the trust run by the assessee (Anil Deshmukh) group through money laundering, using Delhi-based companies to the extent of Rs 4 crore has been found. This clearly substantiates the laundering of the unaccounted income of the assessee routed as a donation to the trust,” the statement said.

EVIDENCE INDICATES CONCEALMENT OF INCOME

Anil Deshmukh, who is being probed by the ED and CBI in an alleged corruption case, according to the tax department, was allegedly involved in the inflation of expenses through three educational institutes of trust in which salaries were paid to the employees were partly collected back in cash.

“Such evidences were found for several financial years amounting to more than Rs 12 crore,” said the tax department.

ALSO READ | Anil Deshmukh demanded Rs 2 cr to convince Pawar for reinstatement: Sachin Vaze

The officials have alleged that Rs 87 lakh was paid to brokers in cash for arranging admissions at the educational institutes of Anil Deshmukh.

“Evidence found during the search clearly indicates concealment of income to the extent of about Rs 17 crore. Several bank lockers found during the course of the search operation have been put under prohibitory orders,” I-T officials added.

Anil Deshmukh is being investigated by the CBI and ED on the allegations made by terminated police officer Sachin Vaze and former Mumbai Police Commissioner Param Bir Singh that while he was Maharashtra Home Minister, he had asked Vaze to collect Rs 100 crore from bars of Mumbai and through other illegal means.

Anil Deshmukh has denied these allegations.

Read Entire Article