India Tax Inspectors’ Homes Raided for Loot
Detectives confiscated cash, gold, electronic gadgets and whiskey worth nearly $500,000 in surprise weekend raids on the homes of tax inspectors in New Delhi, the Press Trust of India said Sunday.
The raids by Central Bureau of Investigation agents on the homes of five officials were part of a crackdown launched in July on corruption and the country’s black economy--money undeclared to the authorities.
They found that one officer owned assets far above his means as a government employee, including household goods worth $8,000, jewelry worth $30,000 and a $40,000 house.
Another officer hid $60,000 in his bedroom along with 40 bottles of imported whiskey.
The agents also seized documents showing that officers deposited up to $16,000 in their bank accounts on a single day. Other documents showed huge stock market investments.
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