Cash, jewellery worth nearly Rs200 cr seized at Mumbai's Borivali railway station
03 October 2019
Around 35 gold bars were recovered and the overall value of cash and jewels were pegged at Rs 200 crore. Earlier, the IT department had seized Rs 4 crore in unaccounted cash.
The Income tax department on Wednesday seized 35 gold bars and unaccounted cash worth a total Rs200 crore from Mumbai’s suburban Borivali Railway Station. The seizure comes ahead of the state assembly election slated for 21 October and the Income tax authorities are investigating whether it has anything to do with the upcoming elections.
Earlier, the Income-Tax Department seized over Rs4 crore in unaccounted cash in India’s commercial capital. The department, however, did not clarify whether the cash was linked to any political outfit.
The BJP and the Shiv Sena along with the Republican Party of India-A, the Rashtriya Samaj Paksha, the Shiv Sangram Party and the Rayat Kranti Sanghatana are pitted against the Congress-NCP alliance in the elections to the 288-member Maharashtra assembly.
Meanwhile, Maharashtra Navnirman Sena (MNS) has announced that it will contest the state Assembly elections. Talking to IANS, party President Raj Thackeray said that they will contest the Assembly elections and shall also win. He further said that names of the candidates and the seats will be announced shortly.