Summary:
Following this, IT sleuths raided Patil’s residence in Haveri and reportedly seized Rs 25 lakh cash. IT officials, who had prior information about the cash movement, raided the rooms around 3:30 pm and found currency notes of Rs 500 and 2,000 denominations.“During the search Rs 1.5 crore was found along with loose sheets showing payments by various contractors at 5% contract value. He alleged that massive collection and movement of cash was unlikely to have happened without being brought to the notice of rural development and panchayat raj minister C Krishna Byregowda. BENGALURU: Income Tax sleuths swooped down on a hotel in Gandhinagar on Thursday afternoon and seized Rs 2 crore unaccounted cash.Preliminary investigations have revealed that the cash was mobilized from contractors and was to be paid for political leaders in the run-up to the Lok Sabha polls.The cash had been allegedly kept in a room in Rajmahal Hotel, near Anand Rao Circle, by an executive engineer from the state’s rural development and panchayat raj department. The practice of funding polls through public funds paid to contractors is a cynical ploy that cuts at the roots of Indian democracy,” IT sources maintained.The car used by Patil has been seized and his driver has been taken into custody..