Stalin's house raided by CBI for evasion of car import duty

Image
Press Trust of India Chennai/New Delhi
Last Updated : Mar 21 2013 | 9:55 AM IST
CBI today carried out searches at 19 places across Tamil Nadu, including the residence of DMK chief M Karunanidhi's son M K Stalin in Chennai in a case of alleged tax evasion of imported cars.
The CBI team reached the house of Stalin in Chennai, who is alleged to be one of the beneficiaries of importing foreign cars, agency officials said.
The raids comes close on the heels of DMK pulling out of the UPA alliance and its five ministers resigning.
An FIR was registered yesterday against one senior Intelligence Officer of Directorate of Revenue Murganandam and two others for allegedly abusing their official position by not taking any action when the import of foreign cars, including some limousines, was made.
According to the FIR, the officials have allegedly entered into a criminal conspiracy with unknown people and caused a loss of Rs 20 crore to the exchequer.
One of the imported cars is being used by Stalin's son, officials said, adding after further investigation names of beneficiaries of importing the car would be included in the FIR.
The CBI said that the FIR was registered on the basis of a 'source information' as the agency had been probing the leads in the case for quite some time.
Raids were going on at other places including a business house, house of an owner of a medical college and others, the sources said.
*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: Mar 21 2013 | 9:55 AM IST

Next Story