Rs 18 cr in cash, bullion seized

Kolkata, March 28 

Income Tax  officials have unearthed about Rs 18.78 crore of unaccounted cash, jewellery and bullion from a privately run vault housed in the basement of a bustling shopping complex in Kolkata after a  two-month search operation, an official said.

The I-T sleuths started conducting the search operation in the vault, operated by the Shree Vardaan Safe Deposit Vaults from February 1. There were about 649 lockers allotted to individuals. “We have so far seized Rs 5.16 crore of unaccounted cash and jewelleries and bullion worth Rs 13.62 crore from the lockers at the Vardaan Market,” said the I-T investigation wing's Principal Director Ashish Verma. — IANS

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