giftedviz.com
giftedviz.com May 29, 2017


Rs 45 crores in demonetised notes seized from textile shop in Chennai

19 May 2017, 10:18 | Ross Houston

Demonetized currency seized in police raid on textile shop

Chennai: Demonetised notes in crores recovered from shop that sells police uniforms

Tamil Nadu Police on Friday seized Rs 45 crore of demonetised currency notes from a tailor shop in Kodambakkam's Zackariah Colony on Thursday. The owner of MV Ramalingam & Co, Dhandapani has been taken into custody. The police said that the owner of the seized cash has a jewellery shop in Sowcarpet as well as a finance firm in Teynampet. According to a report by the Times of India, a police team, led by Deputy Commissioner of T Nagar, Saravanan and Chitti Babu, an inspector from Kodambakkam raided a tailor shop that stitched police uniforms.

The shop owner said that the money belonged to a jewellery shop owner who was waiting to exchange them legally. Police raided the place early Thursday morning, getting a tip off and found 11 bags with bundles of old notes. This is the first time the Chennai police are seizing such a huge stash of banned notes, particularly after demonetisation of old notes came into effect on November 8 past year. It is also reported that the Chennai police has made such a big raid for the first time after the demonetisation of old notes that came into effect on November 8.

Trump Is 'Very Close' To Naming A New FBI Director
The Kentucky Republican had said initially that investigations by the Senate intelligence panel and the FBI were sufficient. Lieberman previously served as a senator from CT and was Al Gore's running mate in the 2000 presidential election.


On Kulbhushan Jadhav Case, Pakistan May Change Lawyers Amid Criticism At Home
Pakistan said legal process is ongoing and that it had met its obligations under the Vienna treaty on consularrelations. She tweeted saying, "We are grateful to Mr.Harish Salve for presenting India's case so effectively before ICJ".


Longtime Clinton Aide Shares Video Of Debate Prep For 'Unwanted Trump Hug'
Reines tweeted a video of his "favorite moment from debate prep", featuring Hillary Clinton and a Trump stand-in. Comey's efforts failed when Trump finally noticed him and pulled him in for an uncomfortable embrace.


Police officers said they had informed the Income Tax Department and Enforcement Directorate about the seizure, but none of the officials from the two agencies came forward to initiate further proceedings from their end. During the raid, the IT department had seized currency notes worth Rs 131 crore, including Rs 34 crore of new notes and 127 kg gold from the TN businessman.



Other News

Trending Now

Jose Mourinho walks out of interview with Sky Sports' Geoff Shreeves
Jose Mourinho walked out of his interview with Sky Sports' Geoff Shreeves after Manchester United's 2-1 loss at Tottenham. Jose Mourinho was unapologetic for his team selection against Tottenham after Spurs beat his side 2-1 at White Hart Lane.

Chelsea Manning documentary is in the works
Manning was acquitted of "aiding the enemy" by a military judge, but was convicted on several violations of the Espionage Act. Obama's decision to commute Manning's sentence set off harsh criticism from some Republicans and intelligence officials.

JC Penney expands B2B operations with hotel sales
State Treasurer State Of Michigan holds 0.01% of its portfolio in J C Penney Company Inc (NYSE: JCP ) for 124,140 shares. Citigroup Inc restated their neutral rating on shares of J C Penney Company Inc (NYSE:JCP) in a report issued on Monday.

Duffy dominates as Royals top Yankees 5-1 to avoid sweep
Dellin Betances got one out for his first save since replacing injured Aroldis Chapman as the Yankees' closer. Whit Merrifield won the battle of SC alums with a run-producing single to center off Montgomery.

New Telegram update brings video messages, ability for bots to accept payments
To record a message, you tap the audio record button to flip to video record mode, then press and hold the record button. To initiate the process, Telegram is also launching a $200,000 crowdsourcing competition for template makers.

Comey friend: Trump repeatedly tried to compromise former Federal Bureau of Investigation director
Comey or anyone else to end any investigation, including any investigation involving General Flynn", a White House statement said. The Times reported that Comey wrote in a memo that Trump told him that "He is a good guy".

What Analysts Are Saying About Home Depot After Earnings
Oppenheimer Holdings Inc. set a $178.00 price target on Home Depot and gave the company a "buy" rating in a report on Tuesday. Deere & Company (DE) have shown a high EPS growth of -6.20% in the last 5 years and has earnings decline of -16.60% yoy.

Kane's pride at scoring Tottenham's last goal at White Hart Lane
It is great to achieve second position, we have been unbeaten at home all season so there are a lot of things to be happy about". It was a good cross, I just stuck a foot out. "This has been a proper send-off to what has been an incredible stadium for us.

Mourinho happy Arsenal fans can smile after meeting his team
I'm not enjoying that. "My feelings, it's also the most important match of our history". "Normal is win, lose, draw". We're not far off challenging for the Premier League and I hope next season in the Champions League.

More than a million young people have registered to vote
Despite living at an address on a temporary basis, private renters are still eligible to vote at that address. Make sure you register in the next three days, and don't miss out on having your say.