IT Raids At Jaya TV Office In Chennai

November 09, 2017 09:59
IT Raids At Jaya TV Office In Chennai

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IT Raids At Jaya TV Office In Chennai:- As part of 'Operation Clean Money’, the Income Tax officials started raids at the premises of Jaya TV office in Chennai and its associated on Thursday morning.

After showing their identity cards, a team of around 10 officials of the IT investigation department barged the office of the television channel at Ekkatthuthangal, at around 6 a.m.

In a case of alleged tax evasion, the raids at Jaya TV and Dr Namadhu MGR (Tamil newspaper) premises in Chennai were conducted by the Income Tax department, reported a leading news channel. Shell companies, dubious investments, fund flow and fudging of accounts were the various aspects covered under the allegations. Sources said, the premises of Midas Distilleries and Jazz Cinemas, are also covered under the search operations. The two entities are perceived to be associated with some of those linked to Jaya TV. The searches by tax sleuths in its premises and at Jazz cinemas, was also reported by Jaya TV.

(Video Source: NTV.Telugu)

Former Tamil Nadu chief minister J Jayalalithaa started Jaya TV. The channel is now controlled by jailed AIADMK leader VK Sasikala's family members, led by her nephew Vivek Jayaraman.

After the Tamil Nadu Chief Minister Edappadi K Palanisamy and his deputy, who was the former chief minister, O Panneerselvam unified in August, Jaya TV has been highly critical of the functioning of the ruling AIADMK government.

With the ruling AIADMK faction engaged in a bitter battle with rebel Dhinakaran and his supporters, the IT Department raids could have a significant impact on Tamil Nadu politics.


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