‘It is Not BJP Cash’: Sitharaman on Rs 200 Crore Seized from Fragrance Maker Peeyush Jain in Kannauj

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Nirmala Sitharaman mentioned the previous chief minister Akhilesh Yadav is “shaken” by the raids, as she sought to defend the motion. (File picture/Information18)

Talking to reporters, Sitharaman mentioned law-enforcing businesses act on actionable intelligence in conducting raids.

  • News18.com New Delhi
  • Final Up to date:December 31, 2021, 17:28 IST
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Union Finance Minister Nirmala Sitharaman, who attended the GST Council assembly on Friday, mentioned the practically Rs 200 crore money recovered throughout earnings tax raids from fragrance maker Peeyush Jain will not be BJP cash. Talking to reporters on the timing of the tax raids, Sitharaman mentioned law-enforcing businesses act on actionable intelligence.

“It isn’t BJP cash,” she mentioned when requested in regards to the Opposition cost that the Rs 197.49 crore money recovered from Peeyush Jain in Uttar Pradesh’s Kannauj was her social gathering’s cash and the tax authorities had raided the particular person by “mistake” and are actually raiding the opposite Jain they’d initially wished to focus on.

She mentioned the previous chief minister Akhilesh Yadav is “shaken” by the raids, as she sought to defend the motion.

“How are you aware whose cash is it? Are you his companion? As a result of solely companions know whose cash is stored,” she mentioned. Dismissing opposition cost that the raids have been politically motivated, she requested if the raiding events come empty-handed.

Restoration of cash reveals there was actionable intelligence, she mentioned, including the raids occurring on Friday too have been based mostly on such inputs.

(with inputs from PTI)

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