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Rs 6.76 cr illegal cash seized from Karnataka contractors

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Bengaluru, April 26 (IANS) The Income Tax Department seized Rs 6.76 crore of unaccounted cash from four government contractors in Mysuru in poll-bound Karnataka, an official said on Thursday.

“Rs 6.76 crore in bundles of Rs 2,000 and Rs 500 notes that were not accounted for were seized from four of the 10 contractors raided from April 24-26 by our investigation wing,” said Joint Income Tax Commissioner G. Ramesh in a statement here.

Since the assembly elections were announced on March 27, the tax department has seized Rs 10.62 crore unaccounted cash and gold jewellery valued at Rs 1.33 crore.

“The cash in higher denomination notes was found in the lockers of the contractors under fake names,” Ramesh told IANS.

Income Tax sleuths on Wednesday raided offices and homes of 10 contractors at Mysuru for alleged tax evasion.

“Raids were conducted by the officials of our investigation wing on one contractor in Bengaluru and 10 contractors at Mysuru. They work on projects of the state government’s department through tendering,” said Ramesh.

The department has linked the shortage of currency notes in some states across the country to the hoarding of cash by government contractors in Karnataka.

“Reports of shortage of currency notes in certain parts of the country have been making the rounds. Recent searches by our officials indicated that one reason is hoarding of cash by government contractors in Karnataka,” said Ramesh.

Intelligence collected by the investigation wing of the tax department also indicated that several contractors across the state were possessing huge stocks of cash in Rs 2,000 and Rs 500 notes.

Earlier, the tax sleuths seized Rs 4.13 crore in cash and 4.52 kg gold jewellery valued at Rs 1.32 crore during raids conducted across the state over the last three weeks.

“Of the Rs 4.13 crore seized, Rs 4.03 crore is in Rs 2,000 and Rs 500 currency notes, with Bengaluru accounting for Rs 2.47 crore and Ballari Rs 55 lakh,” said Ramesh in a statement on April 21.

The tax department stepped up surveillance and monitoring of activities in view of the single-phase election on May 12 to the 224-member Karnataka Assembly.

–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma

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World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.

Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.

During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.

On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”

Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.

It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.

Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.

Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”

On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”

The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.

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