http://timesofindia
 
 Mayawati garland worth Rs 5 crore, say I-T sleuths
 Pradeep Thakur, TNN, Mar 19, 2010, 02.05am IST
 
 NEW DELHI: Mayawati may have set her cops on a bee chase but the
 income tax department is sniffing up the curious case of the currency
 garland. While the BSP claims the garland of Rs 1,000 notes gifted to
 the Uttar Pradesh chief minister during the party's 25th founding day
 celebrations was worth Rs 21 lakh, taxmen say the value could run to
 Rs 5 crore.
 
 Here's how. Preliminary investigations by the I-T sleuths reveal the
 garland weighed 65kg, all in Rs 1,000 notes. A wad of one hundred Rs
 1,000 notes weighs around 120g. Taking out the weight of the thread in
 the garland, sleuths say the net mass of the currency "mala" would not
 be anything less than 60 kg. With inputs gathered from RBI, officials
 say it would take at least 500 bundles of Rs 1,000 denomination to
 make the garland.
 
 Sources said I-T sleuths gathered information from BSP insiders on the
 composition of the garland while a team has been working with banks
 and other sources to track the money transaction and "sponsors" who,
 according to the party, "gifted" the notes.
 
 Since all the notes used in the garland are believed to be new, said
 an I-T officer, it somehow belies the Dalit party's claim that its
 poor/rich followers contributed to the making of the mala. Once the
 I-T officials take a close look at the garland, pinpointing the source
 of the sponsors would be easier, said sources.
 
 The I-T department may soon ask the Dalit party to declare the source
 of the funds used in the massive celebrations organized in Lucknow on
 March 15. In any case, the BSP would have to file all relevant details
 on expenditure in their I-T return for the assessment year 2010-11
 which is to be completed between April and September of this year.
 
 This is not the first time the Dalit Czarina has courted controversy
 on the scale of offerings made to her. A few years ago when the CBI
 had registered a disproportionate assets (DA) case against her after
 seizing a number of bank accounts carrying several crores of rupees in
 deposits, the BSP chief had then claimed that they came through
 "donations" by party supporters.
 
 Both CBI and I-T department had in their investigation in the DA case
 unearthed 72 immovable properties and more than 300 donations valued
 at Rs 13 crore in the name of Mayawati and her family members. The CBI
 had frozen more than 50 bank accounts with more than Rs 7 crore in
 them.
 
 The latest display of wealth by Mayawati caused a furore in
 Parliament, with Congress joining ranks with Opposition parties in
 condemning the way the Dalit party had indulged in extravagance over
 her mentor's birth anniversary and in celebration of her party's
 founding day.
 
 In a similar case a few years ago, the I-T department, during their
 assessment of I-T returns of RJD chief Lalu Prasad, had sought details
 of expenses made by him in his daughter's marriage and the reception
 at a five-star hotel in the Capital. Huge cash payments made for that
 reception, it is believed, led the tax officials to question the hotel
 managers as to why PAN and other details were not sought at the time
 of clearing of the bills.
 
 Why is RBI not taking any actions against Mayavati for misusing currency notes?
 
INFORMATION OVERLOAD?
Get all ZESTCaste mails sent out in a span of 24 hours in a single mail. Subscribe to the daily digest version by sending a blank mail to ZESTMedia-digest@yahoogroups.com, OR, if you have a Yahoo! Id, change your settings at http://groups.yahoo.com/group/ZESTMedia/join/
PARTICIPATE:-
On this list you can share caste news, discuss caste issues and network with like-minded anti-caste people from across India and the world. Just write to zestcaste@yahoogroups.com
TELL FRIENDS TO SIGN UP:-
If you got this mail as a forward, subscribe to ZESTCaste by sending a blank mail to ZESTCaste-subscribe@yahoogroups.com OR, if you have a Yahoo! ID, by visiting http://groups.yahoo.com/group/ZESTCaste/join/
Also have a look at our sister list, ZESTMedia: http://groups.yahoo.com/group/ZESTMedia/
No comments:
Post a Comment