IT raids continue on financier Anbu Chezhiyan

IT raids continue for third day at Abu Chezhiyan house. as many as over 30 places of Anbu Chezhiyan are under IT scanner. Yesterday several crores of rupees were taken from Anbu Chezhiyan's house and a place belonging to his friend.

It may be recalled that the raids began at the residences and business premises of popular film screens AGS Group and at the residences of Vijay, who was being questioned for alleged tax evasion by the group and the salary he got for the film a couple of day and it ended yesterday.

However searches are on at Anbu Chezhiyan premises. Without naming anyone, the I-T department stated, “The common thread among all these entities was the success of a recent film, which was a box office hit, collecting around Rs 300 crore. About 38 premises of the group were covered in search and survey actions spread over Chennai and Madurai.

”It was an apparent reference to the Bigil in which all three had a stake — AGS Cinemas was the producer, Chezhiyan had reportedly funded it, and Vijay was the lead actor.

“The highlight of the search is seizure of unaccounted cash of about Rs 77 crore from hideouts and secret places located at Chennai and Madurai, purportedly belonging to the financier,” the department stated.

Earlier on Thursday, I-T officials informally shared images of currency bundles stacked in multiple travel bags, apparently indicating that they were seized from one of the premises of Chezhiyan.