Noida: Searching at the home of the former IPS officer led officials from the Income Tax Department to Rs 5.8 Crore Cash stored in several personal lockers, which, they believed, did not count.
The source said the IT team had begun the survey on Saturday afternoon, and then looked for RN Singh’s house, former IPS officer from Batch 1983.
“The former IPS officer runs a private company – Manasam Noida Vault – from the basement of his house in the Sector Block 50.
The company opened In 2017, in the same year with Singh retired, “said an official IT.
The company has 700 personal lockers, which are mostly found empty.
Cash and some documents found stored in 18-20 lockers.
“Counted cash 5.8 crore has recovered so far and seized.
It was in a 2,000-rupee denomination and a 500-rupee record.
We have launched an investigation of this cash from some of the Benami properties,” the official said.
The company is on behalf of Singh’s wife while the son of the couple is a locker guard.
“We are trying to find out whether the owner of the locker has a relationship with politicians or if the money is available for candidates who are fighting for elections in the state,” I-T official said.
Then on that day, Singh told a press conference, “After I retired, I lived in my village.
There are personal locker facilities that we provide.
Two lockers are in my name.
There is no illegal found in it except family jewelry.
Team It’s looking for another locker.
I don’t know about the restored cash.
“