Odisha Raid: Income Tax Department to Deposit Seized Cash at Balangir SBI Branch

In the aftermath of Income Tax raids on properties connected to Rajya Sabha MP Dheeraj Sahu, the currency counting of 176 bags has been completed, revealing staggering amounts of cash. The Income Tax department is set to deposit the seized cash, exceeding Rs 300 crore, at the Balangir SBI main branch on Monday, following official procedures.

SBI Regional Manager, Bhagat Behera, stated that out of the 176 bags received, 140 have been accounted for, with the counting of the remaining bags scheduled for Monday. The counting process involved officials from three banks and 50 SBI personnel, supported by 40 currency counting machines.

The currency note banding machine was brought to the Balangir SBI’s main branch to facilitate the currency counting process smoothly, ensuring regular functioning for the public, as assured by the SBI Regional Manager.

While the currency counting concludes, Income Tax officials continue to conduct surveys at properties linked to Dheeraj Sahu, focusing on the documentation process. The raids targeted Boudh Distilleries Private Limited, with a connection to Baldev Sahu Infra Pvt Ltd, a group company allegedly linked to Sahu.

The recovery of more than Rs 300 crore cash from locations in Odisha and Jharkhand has sparked controversy, with the BJP criticizing the Congress over allegations of corruption. Prime Minister Narendra Modi and Union Minister Amit Shah have both expressed surprise at the substantial cash seizure from an MP’s residence, emphasizing the need for accountability and condemning the silence of the INDIA bloc.

Congress MP Jairam Ramesh distanced the party from the businesses of Dheeraj Sahu, stating that only the MP can explain the significant amounts of cash discovered by the income-tax authorities. The Congress’s response to the situation has led to increased tensions, with the BJP expected to intensify its scrutiny of the issue.