IT raids Naresh Kumar

CALCUTTA, NOV 12: Income Tax officials raided the business establishments and residences of former Davis Cup non-playing captain Naresh Kumar and seized money and jewellery worth Rs 1.45 crore. Also, Rs 55.7 lakh have been recovered from his Calcutta premises.

They have also seized Rs 25 lakh from a friend and Rs 65 lakh from his brother Suresh Kumar. Besides, the department have seized unaccounted fixed deposits, bank accounts and related documents.

Speaking to The Indian Express, UP Singh , Director investigation said that certain 8220;incriminating8221; documents were found and the department is conducting an investigation into them. Although the department did not disclose the evidences that led them to raid Kumar8217;s premises, the officer conducting the raid informed Kumar that he had defaulted under VDS Voluntary Disclosure Scheme.