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I-T sleuths seize ₹32cr from TN poultry firm
The New Indian Express
|April 10, 2024
IN one the biggest-ever cash hauls in Tamil Nadu, the Income Tax department is believed to have seized around ₹32 crore of unaccounted money from the hatchery of a private poultry farm at Pollachi in Coimbatore district in a search operation that started late on Monday.
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Though Election Commission sources ruled out any poll link to the money seizure, a full probe will be conducted separately, they said.
According to sources, a team of 10 I-T officials, acting on a tip-off, visited the administrative office of MBS Hatcheries located at Water Tank Street of
Alagappa Layout in Venkatesa Colony in Pollachi town on Monday morning. Simultaneously, another team visited the fodder production unit of the firm on Kollupalayam Road near Unjavelampatti in Pollachi and carried out searches.
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