Rohit Tandon, a lawyer in Delhi, has been caught not once, not twice, but three times with a hoard of unaccounted cash in ₹500 and ₹1000 banned notes as well as the new ₹2000 notes. The total unaccounted income recovered after the three searches is close to ₹157 crore including ₹2.61crore in the ₹2000 notes.
The Modi government scrapped ₹500 and ₹1000 notes in India, last month, in a nationwide exercise to curb black money, corruption and tax evasion. The dearth of the new ₹500 and ₹2000 notes has disrupted the lives of millions of people who are facing huge problems carrying out their day-to-day transactions.
Tandon reportedly practices in the Delhi High Court and the Supreme Court, but he isn't well-known in the legal circle, The Times of India reported today. He is the founder of the law firm, T&T Law Firm.
The Delhi Police is presently looking for Tandon who went underground before the raid.
India Todayreported that Tandon managed to dodge the police due to the sophisticated security system and CCTV cameras installed in his house in Greater Kailash-1, which he also uses as his office space. Tandon reportedly gets a notification on his phone when anyone switches on any electrical appliance in his house.
Tandon reportedly received an SOS alert on his mobile phone and he watched the raid "live" on his phone from a safe distance.
Income tax officials, who are trying to figure how Tandon has managed to accumulate ₹2.61crore in ₹2,000 notes, are investigating the complicity of bank officials, The Times of India reported. "The source of the new notes needs to be identified. The income tax department is looking into it, and we will help wherever possible," a police officer told the Hindustan Times.
The Delhi Police found notes stuffed in the cabinets, chests and suitcases in his office.They found ₹125 crore in their first raid on October 7, ₹19 crore in the second raid, two weeks ago, and ₹13.48 crore in the third raid over the weekend.
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