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Mystery resolved: Total cash Rs 10 cr seized, uncut diamonds were for polishing

Mumbai, July 3: The huge amount of cash and diamonds seized by a joint team of National Investigation Agency and Income Tax department have been accounted  for, said Income Tax investigation wing director general Swatantra

India TV News Desk Updated on: July 03, 2013 10:50 IST
mystery resolved total cash rs 10 cr seized uncut diamonds
mystery resolved total cash rs 10 cr seized uncut diamonds were for polishing

Mumbai, July 3: The huge amount of cash and diamonds seized by a joint team of National Investigation Agency and Income Tax department have been accounted  for, said Income Tax investigation wing director general Swatantra Kumar.




Kumar said today the total cash counted came to Rs 10 crore stuffed in 102 packets. The cash will be returned to the rightful owners after deducting tax.

The uncut diamonds that were seized were meant for polishing in Surat, Kumar said. These will be returned to their owners after verification.

Kumar criticized NIA and asked where the hawala angle was. We joined the raid only after NIA gave the clues, he said


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