Amidst cash crunch, IT dept seizes Rs 10-cr in poll bound Karnataka

Agencies

April 28, 2018

The Income Tax Department has seized Rs 20 crore cash from various parts of the country, including more than Rs 10 crore in election-bound Karnataka, over the last few days as part of its crackdown on currency hoarders, officials said today.

The ITD said unaccounted cash of Rs 4.01 crore and unaccounted 6.5 kg jewellery were seized during searches conducted against three contractors in Bengaluru, Davangere and Mysore yesterday following specific information.

Of this, cash of Rs 1.2 crore was found in a car after a hot pursuit, the ITD said in a statement.

The department had yesterday said that searches had led to the seizure of Rs 6.76 crore in cash, mainly from the benami lockers in Karnataka.

Thus, the total cash seized in these searches conducted over the last 2-3 days, as part of efforts to locate hoarded cash in various parts of the country, is Rs 20.14 crore, the statement said.

The ITD has also found evidence of inflation of purchases, payments to bogus sub contractors, inflated and fraudulent labour payments, and unaccounted cash payments in the searches in Karnataka.

The Assembly election in Karnataka will be held in a single phase on May 12. The counting of votes for the 224 elected seats in the Assembly is scheduled for May 15.

Comments

Add new comment

Coastaldigest.com reserves the right to delete or block any comments.
Coastaldigset.com is not responsible for its readers’ comments.
Comments that are abusive, incendiary or irrelevant are strictly prohibited.
Please use a genuine email ID and provide your name to avoid reject.

Udupi: 2 youths arrested for sharing confidential Indian Navy Vessel data with Pakistan

News Network

November 21,2025

Udupi: The Malpe Police have arrested two men from Uttar Pradesh for allegedly sharing classified information related to Indian Navy vessels with individuals in Pakistan, posing a serious threat to national security.

According to a complaint filed by the CEO of Udupi Cochin Shipyard, Malpe—an institution under the Union Ministry of Ports, Shipping and Waterways—the prime accused, Rohit (29), was working as an insulator through subcontractor M/S Shushma Marine Pvt Ltd. He had earlier served at Cochin Shipyard Limited in Kochi, Kerala, where naval ships are under construction.

Udupi SP Hariram Shankar said the accused had unlawfully shared, via WhatsApp, confidential identification numbers of Navy-related ships and other classified details while working in Kerala, allegedly for illegal gains.

After joining the Malpe shipyard unit, Rohit reportedly continued collecting sensitive information through a friend in Kochi and circulated it to unauthorised individuals, violating national security protocols and potentially endangering India’s sovereignty, unity, and integrity.

Based on the complaint, Malpe Police registered a case under Section 152 of the Bharatiya Nyaya Sanhita (BNS) and Sections 3 and 5 of the Official Secrets Act, 1923.

A police team led by Karkala Subdivision Assistant Superintendent of Police Harsha Priyamvada—along with PSI Anil Kumar D, ASI Harish, and PC Ravi Jadhav—conducted the investigation and arrested the two accused, identified as Rohit (29) and Santri (37), both residents of Sultanpur district, Uttar Pradesh.

The duo was produced before the court, which remanded them in judicial custody till December 3. Further investigation is in progress.

Comments