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Crores Found In IT Raids Against JD-U Treasurer In Bihar

Patna, Mar 22: The Income Tax department has raided several establishments and premises of a businessman Vinay Kumar Sinha, who is also the Bihar JD(U) Treasurer, and seized cashes worth Rs five crore.Director (Investigation) of

PTI [ Updated: March 22, 2012 18:17 IST ]
crores found in it raids against jd u treasurer in bihar
crores found in it raids against jd u treasurer in bihar

Patna, Mar 22: The Income Tax department has raided several establishments and premises of a businessman Vinay Kumar Sinha, who is also the Bihar JD(U) Treasurer, and seized cashes worth Rs five crore.


Director (Investigation) of Income Tax, Patna, Ajay Kumar said the IT sleuths raided Sinha's establishments and premises and seized Rs five crore in cash on Tuesday.  

“We have also detected investments worth Rs 25 to Rs 30 crore) by Sinha,” Kumar said adding some bank accounts were also detected.

Sinha had been an MLC and currently is the treasurer of Bihar JD(U) .

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