Income Tax officials on Thursday carried out raids in the houses and establishments of three persons – a Supreme Court lawyer, an NRI businessman and a popular Malayalam singer -- across the state following information about their alleged “dubious business deals” worth several crores.
Financial dealings of the three have been under the scanner of the agency for quite some time, sources in the Income Tax said.
“Searches are being conducted simultaneously at their houses, relatives’ houses, resorts and other establishments in different parts of the state. Questioning of the persons is required to unearth their dubious deals and source of their income,” the sources, on condition of anonymity, said.
The sources even suggested that a probe by Enforcement Directorate was required to unearth their financial dealings with foreign nationals running into “hundreds of crores of rupees”.
They said the agency officials recently had taken notice of a big fat wedding related to one of them in Kollam.