Unaccounted Rs 150 crore in cash was unearthed in a series of raids by various taxation agencies on the premises of Kanpur-based perfume industrialist Piyush Jain, sources had said on Friday.
Uttar Pradesh Chief Minister Yogi Adityanath on Sunday claimed that the businessman whose premises was raided by central agencies recently is linked to the SP, a charge denied the Opposition party earlier.
Unaccounted Rs 150 crore in cash was unearthed in a series of raids by various taxation agencies on the premises of Kanpur-based perfume industrialist Piyush Jain, sources had said on Friday.
The BJP had claimed that he had links with the Samajwadi Party, which was denied by the Opposition party.
Addressing a public meeting here, the chief minister said around Rs 100 crore more recovered from the trader today.
“For the past two-three days, continuous raids are being conducted on the premises of a person belonging to the SP. Rupees 257 crore in cash and several kilograms of gold and silver was recovered,” he said.
“This money belongs to the poor. There is also evidence of how it was looted,” he said after inaugurating and laying foundation stones of projects worth over Rs 150 crore here.
Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
