Rs 1400 crore unearthed during raids on Sasikala clan, Jaya TV

Sasikala Natarajan

It (searches) took five days.

The searches at some premises continued for days.

"We have seized Rs 7 crore in cash, and gold jewellery worth around Rs 5 crore", the senior tax official told IANS on the condition of anonymity.

The searches are aimed at detecting tax evasion. "We have also frozen 15 bank lockers and several bank accounts", he added.

A highly-placed source in the I-T Department said, "The questioning sessions are focusing on Vivek Jayaraman (nephew of Sasikala and son of Ilavarasi who now heads Jaya TV), his benami Arun Kumar who takes care of his business - Jazz Cinemas - and Ilavarasi's daughter Krishnapriya".

The property related documents were seized from the properties of Sasikala's nephew and Jaya TV CEO Vivek Jayaraman.

The department had summoned Karnataka's AIADMK leader V. Pugazhendi, whose premises were searched last week.

The crackdown on the Sasikala clan began on 9 November when a team of I-T officials began raids at 187 houses and offices in Tamilnadu, Puducherry, Hyderabad and Bengaluru simultaneously.

IT raids
Representational ImageIANS

The official said the undisclosed income was in respect of the ten assessee groups, which includes Jaya TV and Midas Distilleries that are reportedly linked to Sasikala. Besides, they questioned about the jewels given to my wife during our wedding.

Sasikala, now serving a jail sentence after conviction for corruption, was a confidante of late Tamil Nadu Chief Minister J. Jayalalithaa and lived with her for decades.

Jayalalithaa used to stay twice a year in the Kodanadu Bungalow, documents of which were allegedly in the custody of Dhinakaran or some of his relatives after her death.

The I-T Department has been inquiring with several persons at its office in Nungambakkam.

Many shell companies have also been identified by the I-T officials.

After analysis of the documents seized and clarifications obtained, tax demand would be raised and if the party pays the tax amount, including the penalty, the case would be closed depending on the other issues connected with the evasion, an official told IANS.

According to reports, besides diamond jewellery, six Rolex watches were found in a women's hostel belonging to Sasikala's brother Dhivaharan.

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