I-T raids on distillery unit: Cash counting continues on 5th day

I-T raids on distillery unit: Cash counting continues on 5th day
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Bhubaneswar: The counting of cash seized from a distillery unit, allegedly linked to Congress MP Dhiraj Prasad Sahu located at Sudpada in Bolangir...

Bhubaneswar: The counting of cash seized from a distillery unit, allegedly linked to Congress MP Dhiraj Prasad Sahu located at Sudpada in Bolangir district, continued on the fifth day even as several counting machines broke down due to the heavy workload, said sources on Sunday. Some mechanics were reportedly present at the bank to immediately repair the counting machines. The SBI officials told mediapersons that counting of notes has ended in Sambalpur and Titilagarh branches.

Official sources said Rs 11 crore has been seized from Titilagarh while the amount seized in Sambalpur stood at Rs 37.50 crore. Around 60 staffers and several machines have been engaged at the SBI branch in Bolangir for the counting of the cash brought to the branch in 176 bags. The officials reportedly finished counting cash stashed in 102 bags amounting to around Rs 140 crore till Saturday night. Meanwhile, unconfirmed sources claimed that the counting of cash kept in another 40 odd bags has been completed till Sunday afternoon increasing the seizure amount to around Rs 180 crore.

The counting is expected to be finished by Sunday evening. On the other hand, a team of Income Tax officials from Hyderabad has reached Bolangir to assist in the investigation. Notably, the Income Tax officials launched simultaneous raids at different places related to Boudh Distillery Private Limited, an Odisha-based distillery firm, and other liquor businessmen linked to the firm in Bolangir, Sambalpur, Sundargarh and Bhubaneswar in Odisha, Kolkata in West Bengal and Bokaro in Jharkhand on Wednesday.

The sleuths stumbled upon huge cash stashed in two almirahs at Sudpada distillery unit in Bolangir district. The officials later took the cash in 156 bags to a nearby branch of State Bank of India for counting. Sources said the cash recovered from the distillery firm was estimated to be over Rs 200 crore.

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