Rs 5 crore found in I-T raid on ex-Karnataka deputy CM G Parameshwara

Bengaluru: The Income Tax Department has seized about Rs 5 crore cash during raids against former Karnataka deputy chief minister G Parameshwara and others, officials said Friday.

About Rs 5 crore cash has been seized till now from various premises that were searched, they said. Around 30 places in Bengaluru and Tumakuru linked to the senior Congress leader and his associates were raided on Thursday.

The tax sleuths said they are continuing with the searches at 25 locations on Friday as well.

In coordinated raids, more than 300 Income Tax sleuths swooped down on premises linked to two prominent Congress leaders in Karnataka - the former deputy chief minister and former MP R L Jalappa's son J Rajendra.

The raids are in connection with a multi-crore tax evasion case linked to the NEET exams, officials said.