Cash seizures go above Rs 147 cr; max at Rs 88 cr in TN

Image
Press Trust of India New Delhi
Last Updated : May 10 2016 | 3:42 PM IST
With the voting day in Tamil Nadu less than a week away, EC-appointed black money surveillance teams have seized Rs 88 crore cash from the state, the maximum among the five election-bound states from where a whopping Rs 147 crore has been seized till now.
A total seizure of Rs 88.22 crore has been made in Tamil Nadu, as per latest Election Commission data, which is four times more than what has been seized in the second ranking state on the tally -- Kerala at Rs 22.54 crore.
Puducherry, the Union Territory that goes to polls on May 16 along with Tamil Nadu and Kerala, has reported a small seizure of Rs 3.50 crore.
The cash seizures in West Bengal and Assam, where polls have ended, stand at Rs 20.75 crore and 12.33 crore respectively.
"The total progressive figure for cash seizures in the poll-bound states is Rs 147.34 crore. In some cases, the cash is being released after ascertaining the bonafide and legitimate purpose of the cash," a senior Income Tax department official said.
The official said the tax department along with enforcement teams of other agencies have deployed a strict vigil in Tamil Nadu to keep a check on usage of illegal inducements and cash and every week over a dozen special search operations are being carried out in this regard.
The 234-seat Assembly of the state will go to polls in a single phase on May 16.
A total of 702 flying squads and 712 surveillance teams are operating in the state for curbing the use of black money at the hustings, according to the latest data.
Keeping in view the abuse of money power in Tamil Nadu, the EC last month had also issued some special instructions to be followed by observers and members of the surveillance teams deployed in the state.
The Commission had sought a "stepped up vigil" across Tamil Nadu to detect and intercept all such instances of illegal cash and other inducements being used to lure voters and ensure that a level playing field is maintained.
The counting of votes in all the five states is slated for May 19.
The Model Code of Conduct came into force on March 4 after the Commission had announced the schedule for the Assembly polls from here.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 10 2016 | 3:42 PM IST

Next Story