Massive cash seizure by I-T dept in Odisha: ED likely to launch probe

Following the huge cash seizure of nearly Rs 350 crore by the I-T department from liquor traders like Baldeo Sahu and Sons in Odisha, the probability of the Enforcement Directorate (ED) looking into the suspected money laundering aspect of this case is looming large after the joint director of the ED met some IT official in this regard on Tuesday. 

Reliable sources said a three-member team of the ED led by its joint director visited the IT department office on Tuesday and a formal announcement about the ED probe into the huge cash seizure from liquor distilleries is expected soon. As per reports, the ED may probe certain aspects like the source and the trail of the cash. 

Also Read: I-T raids and cash seizure in Odisha: BJP fires salvo at BJD, Congress; says corruption will not be tolerated 

Meanwhile, after marathon raids for seven days in Sudapada of Bolangir, IT officials have left the area.  Before winding up the raids on the liquor manufacturing factory at Sudapada, the IT team reportedly took two managers of the factory, Bunty Sahu and Rajesh Sahu, to an unknown location for interrogation about the sources of the cash.