September 29, 2026 05:19 pm (IST)
Follow us:
Hawala racket busted in WB, 20 cr recovered so far
Kolkata, Sept 24 (IBNS): After getting specific reports from the Intelligence Bureau (IB), the Central Board of Direct Taxes (CBDT) has conducted raids at several premises of a Tamil businessman in Kolkata and Siliguri in North Bengal and seized as many as Rs. 20 crores so far since Thursday morning, sources said.
According to sources, few teams of CBDT raided eight locations in Kolkata and one location in Siliguri on Thursday.
One senior IB officer told IBNS: "We have busted a money laundering racket today and seized Rs 20 crore so far."
"The Tamil businessman, whose premises is under raid, has a fake lottery business in Tamil Nadu and West Bengal. Huge amount of cash has been transferred to Dubai by this International Hawala network," the source revealed.
Reporting by Deepayan Sinha)
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Insurgents target Assam Rifles patrol in Arunachal; soldier killed
Tue, Sep 29 2026
Sambhal violence case: SC quashes key accused Mulla Afroz's NSA detention, slaps Rs 10 lakh cost on UP govt
Tue, Sep 29 2026
Nandigram bypoll twist: Calcutta HC grants interim bail to Congress candidate Milan Pradhan till Oct 21
Tue, Sep 29 2026