Bengaluru, October 13: Sleuths of the Income Tax Department found cash amounting to crores beneath the bed at a flat in Bengaluru, sources stated on Friday. The IT officers are questioning a former woman corporator and her husband in connection with the case. Sources said that vast amount of money is being collected from gold jewellers and other sources in Bengaluru to fund Assembly elections in five states, especially in Rajasthan.

On getting tip offs in this regard, the IT Department is conducting raids in the city. The cash, amounting to Rs 42 crore, was found during a raid conducted late on Thursday night at a flat located in Atmananda Colony near RT Nagar. Sources said that Rs 500 denomination notes to the tune of Rs 42 crore were kept in 23 boxes under the bed. IT Raids YouTuber in UP: Digital Content Creator’s Rs 1 Crore Income Invites Income Tax Raid in Bareilly.

After getting a tip-off the IT officers had conducted raids at two locations in RT Nagar and they found the cash in one of the locations. Sources stated that the flat was empty and no one lived there, however, the IT sleuths are tight-lipped about the details of the flat owner. IT Raid in Tamil Nadu: Income Tax Department Raids at Over 50 Locations of Real Estate Company G-Square Linked To CM MK Stalin.

Following the development, the IT officers are questioning the former corporator and her husband at their residence. According to sources, the husband of the corporator is a contractor and he is part of the Contractor's Association which accused the previous BJP government of taking 40 per cent commission on projects.

The contractor had also made allegations of corruption against many political leaders. More details are yet to emerge regarding the incident.

(The above story first appeared on LatestLY on Oct 13, 2023 10:45 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).