Hyderabad: Income tax sleuths have unearthed Rs 25 crore unaccounted cash and foreign currency (mostly US dollars) equivalent to Rs 10 crore from the searches conducted against controversial self-styled godman ‘Kalki Bhagavan’.
In total, the Chennai’s IT team ( anti-tax evasion department) who are conducting the searches have found unaccounted cash of Rs 35 crore value.
In 40 locations, searches continue for the second consecutive day. A major of the properties searched are in Chennai, besides the famous Kalki Bhagavan temple in Chittoor district of Andhra Pradesh and five locations in Hyderabad. Incriminating land documents were confiscated from the Kalki Bhagavan temple built on the grounds of the Oneness University campus of Sri Bhagavan’s ashram, Chittoor.
“During the searches, huge foreign donations in form of cash were discovered, a source told NewsMeter.
In Hyderabad, besides Studio N , owned by Kalki Trust, WL Structure Private Limited, a company owned by Kalki Bhagavan’s son Krishna Nemam Kurral Vijay Kumar , son of the self-styled godman.
The properties of one of their associate Pusapati Ramachandra Raju were also searched. However sleuths did not find unaccounted cash or documents in the properties owned by the family in Hyderabad.
On Tuesday, in a robust move, four teams from Chennai carried out searches based on intelligence inputs of possible tax evasion. The family has been on the IT radar since allegations of misappropriate investments made by his son Krishna , had surfaced. The family is also facing allegations of land grabbing.
The Kalki trust has received a flood of donations , especially from NRIs since the spiritual leader's movement grew exceedingly popular. The Kalki Bhagavan has drawn massive following from India and abroad including celebrities. Many NRIs follow him, believing that Kalki can deliver instant nirvana.
Also Read: https://newsmeter.in/it-sleuths-search-kalki-bhagavans-properties-in-hyderabad/