From a Correspondent
JORHAT, November 11: Perhaps what is now being attributed as black money, Titabor Police on Thursday night during a normal police checking, recovered Rs 1.55 crore in cash from one Hanuman Jain, a resident of Diphu and involved with the trading business of rice, grains and pulses in Jorhat.
OC Titabor Kalyan Gogoi informed The Sentinel that Hanuman Jain was travelling with the cash to Diphu from Jorhat via Titabor when he was stopped at the police patrol check near the Titabor Town square. The OC said, “We have already informed sleuths of the Income Tax Department in Jorhat who then referred the case to the Dibrugarh unit and moments before the call the IT team arrived and are assessing the details of the cash to ascertain whether the cash was accountable or black money. The person is a trader dealing in rice and pulses.”
However, other sources opined that Hanuman Jain was carrying the cash to Dimapur in galand and was collected from many Jorhat-based noted businessmen after an agreement was reached between them to return 40 per cent in cash by getting the money deposited in galand since the State was exempted from tax against deposits. The veracity of the cash recovery can now only be confirmed by the IT department.