Income-Tax officials on Tuesday carried out searches in cotton ginning mills as well as residences and offices of some rice mill owners in Kagaznagar in Adilabad district, Asifabad and Huzurabad Assembly constituencies. According to sources, Rs 5 crore in cash and some documents were reportedly seized during the searches.
As part of their searches, I-T officials focused on people closely associated with BRS leader Raffeeq Jeevani, Kagaznagar Market Committee chairman Kasam Srinivas and certain rice millers. Sources said these people have strong ties to BRS candidate and sitting Sirpur MLA Koneru Konappa.
Simultaneously, searches were conducted at the residence and offices of Congress candidate Vivek Venkataswamy in Chennur. The focus was the reported `8 crore transaction to Vigilance Security Service Ltd. The searches concluded within an hour, with officials seizing some documents from Vivek’s residence.
In Huzurabad, I-T sleuths raided the residences of two rice millers, reportedly on suspicion of illegally shifting money for Assembly elections.