Deprecated: mysql_connect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/delhidai/public_html/class/connection.php on line 22

Deprecated: mysql_escape_string(): This function is deprecated; use mysql_real_escape_string() instead. in /home/delhidai/public_html/class/mysql_query.php on line 113

Warning: Cannot modify header information - headers already sent by (output started at /home/delhidai/public_html/class/connection.php:22) in /home/delhidai/public_html/story.php on line 79

Warning: Cannot modify header information - headers already sent by (output started at /home/delhidai/public_html/class/connection.php:22) in /home/delhidai/public_html/story.php on line 94
Delhi lawyer Rohit Tandon arrested for laundering huge stash of black money

Home >> Crime

Delhi lawyer Rohit Tandon arrested for laundering huge stash of black money

Rohit Tandon, a Delhi lawyer under investigation for money laundering after a huge stash of crores was found during raids in his office, has been arrested by the Enforcement Directorate.

Tandon is accused of laundering almost 70 crores of black or untaxed money since the notes ban last month. In October, he had reportedly declared an unaccounted income of 125 crores to taxmen after raids at his home and office.

After a tip-off, officials searched his office again on December 10 and found nearly 14 crores in cash, including over two crores in brand new 2,000-rupee notes. Tandon was not in at the time; he reportedly saw and tracked the raid on CCTV camera on his phone.

It took two machines to count the money, which was packed into nearly six suitcases and four steel trunks and taken away in three cars.

During questioning Tandon claimed he can account for the money and some of it belongs to clients.

The lawyer is a key link in a money-laundering network that has surfaced with a series of arrests over the past few days. He allegedly has close links with Parasmal Lodha, a Kolkata-based businessman arrested earlier for money-laundering.

Lodha, a realtor, is said to have helped the lawyer convert Rs. 2.62 crore in banned notes. Both are connected to a third arrested businessman, Chennai-based J Sekhar Reddy.

A manager of the Kotak Mahindra Bank was also arrested yesterday in Delhi for allegedly helping both Tandon and Reddy convert over 25 crores in old notes.


Deprecated: mysql_escape_string(): This function is deprecated; use mysql_real_escape_string() instead. in /home/delhidai/public_html/class/mysql_query.php on line 113

Deprecated: mysql_escape_string(): This function is deprecated; use mysql_real_escape_string() instead. in /home/delhidai/public_html/class/mysql_query.php on line 113

Related News

Disclose unaccounted cash, deposits under new scheme with 50% tax before April 1: Govt

Govt's new offer for black money holders: Pay 50% tax on unaccounted deposits post demonetisation

Sensex drops 1,000 points; real estate shares crumble

PM Modi announces ban on Rs. 500 and Rs. 1,000 notes

Large amount of cash, iPhones, foreign watches found at clerk's house in raid

Government makes PAN mandatory for Rs 50000 hotel bills in cash, foreign travels