Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Builder-babu nexus at ground zero of huge gold, cash haul
The New Indian Express Mangaluru
|December 25, 2024
RECENT income tax department searches have revealed a nexus of builders and influential people, including politicians and officials, that parks unaccounted money in land purchases in villages on the outskirts of MP's Bhopal, officials linked to probe said.
Mendori village near Bhopal has been in the news since December 20 after the recovery of 52 kg unaccounted gold bullion and ₹11 crore cash from an MUV. The seizures came amid searches at nearly 50 premises of big builders and real estate businessmen.
"Builders have been purchasing land from farmers for developing residential colonies and then selling the land to powerful people of MP and adjoining states," an official privy to the probe told this newspaper on Tuesday.
This story is from the December 25, 2024 edition of The New Indian Express Mangaluru.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Mangaluru
The New Indian Express Mangaluru
Print media ad rates may go up by 27%, notification after Bihar polls
'Television rating system will also be improved'
2 mins
October 26, 2025
The New Indian Express Mangaluru
His Second Shot
Nishil Sheth reflects on his inspiring journey from working in independent cinema to making his OTT debut with 13th
2 mins
October 26, 2025
The New Indian Express Mangaluru
NATURAL DIAMOND REGAINS ITS LOST SHINE
N past few years, synthetic diamonds, also known as lab-grown diamonds (LGDs), have been the new flash in the pan.
4 mins
October 26, 2025
The New Indian Express Mangaluru
'We All Belong to the Same Roots'
Filmmaker Rishab Shetty speaks to Shama Bhagat about the grand prequel, Kantara Chapter 1, and what it's like to wear many creative hats
3 mins
October 26, 2025
The New Indian Express Mangaluru
Things Fall Apart, the Middle doesn’t Hold
Watch it. Hence you forget. The Marie Antoinette edition watch crafted by Breguet over 40 years, commissioned by the French queen’s lover, layered with gold and sapphire was never worn by her.
3 mins
October 26, 2025
The New Indian Express Mangaluru
Oz women cricketers 'stalked, molested'
IN a shocking incident, two Australian women’s cricket team members were allegedly stalked and sexually harassed by a motorcycle-borne man in Indore on Thursday.
1 min
October 26, 2025
The New Indian Express Mangaluru
The Silent Speakeasy Syndrome
Behind ordinary doors, there might be an extraordinary mystery—and a drink—but only if you know where and how to look
2 mins
October 26, 2025
The New Indian Express Mangaluru
The Forgotten Leader
Jaipal Singh Munda was one of the most prolific figures in Indian political and sports history.
2 mins
October 26, 2025
The New Indian Express Mangaluru
Decision to invest in Adani Group companies taken independently: LIC
LIFE Insurance Corporation of India (LIC) on Saturday denied all allegations of infusing money into the Adani Group, as reported by The Washington Post.
1 min
October 26, 2025
The New Indian Express Mangaluru
India waits for clear US signals on how Russian oil curbs will play out
Trade pact talks stay the course; need more clarity on crude oil sanctions, say officials
1 mins
October 26, 2025
Listen
Translate
Change font size