Hawala Probe: I-T Notice to Cong for Getting Funds Worth Rs 170 Cr

Multiple raids were conducted in Delhi, Mumbai and Hyderabad with links to “leading corporate houses”, I-T dept said

I-T Dept issues notice to Cong for receiving Rs 170-cr funds from Hyderbad-based firm New Delhi, Dec 3 (PTI) The I-T Department has issued a notice to the Congress seeking an explanation over the party allegedly receiving funds to the tune of Rs 170 crore from a Hyderabad-based firm as part of its tax evasion probe in a Rs 3,300-crore hawala racket case, officials said on Tuesday.

They said the notice was issued to the party to take the probe forward in the case that came to light last month after multiple raids, with links to "leading corporate houses" in the infrastructure sector, were conducted in Delhi, Mumbai and Hyderabad.

According to the officials, the funds to the Congress were sent by Hyderabad-based Megha Infrastructure and Engineering.