The income tax department is investigating links between the crores seized during the Tamil Nadu assembly elections and 2G scam slush funds. Election Commission (EC) officials had seized unprecedented amounts of cash meant to buy votes.
The I-T department has been asked to conduct investigations into each of the 250 cases registered, deputy election commissioner JP Prakash told HT.
More than R60 crore has been recovered by EC and I-T officials so far in Tamil Nadu. “The kind of money seized is unprecedented,” said TS Krishnamurthy, former chief election commissioner. According to an unofficial estimate, black money to the tune of Rs 2,000 crore has been distributed in the state elections.
“The income tax department is keeping a close tab on heavy bank transactions and also trying to find out the sources of the seized cash, which was meant for distribution among voters in Tamil Nadu,” a finance ministry source said.
With lobbyist Niira Radia having told the Central Bureau of Investigation that former telecom minister A Raja had links with hawala dealer Mahesh Jain, I-T officials are also probing possible hawala routes to see if 2G-tainted money was pumped into the state. "It's difficult to say right now that money from the 2G scam has been used, but we're at it," an I-T investigation source said.
The sole case in which 2G scam funds were alleged to have been routed was to the DMK's family-owned Kalaignar TV.