IT raid on hair export company unearths Rs 65 cr worth undeclared assets
Bengaluru: Income Tax raids on a hair exporting company in north Karnataka has exposed a staggering Rs 65 crore worth of undeclared assets, informed IT officials of Karnataka and Goa.
The company was raided in December 2017. During the raid it was found that the company had no valid documents to prove the sale of hair worth Rs 65 crores. IT sleuths have also seized jewellery and cash worth Rs 5 crore during the raid. Highly placed sources also revealed that some temples had links with this company.
Exporting hair : The company which used to collect hair from temples, beauty parlours and girls' hostels after paying for the same used to export the same to South Africa and European nations. There is much demand for hair and wigs in European and African nations. Sources say the company has done business worth 6 billion in 2015.
The company reportedly belongs to a Congress leader name Srinivas Gupta. Even the residence of Gupta was raided.
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Kerala HC gives interim protection from arrest to Rahul Mamkootathil in rape case
Kochi (PTI): The Kerala High Court on Saturday gave interim protection from arrest to expelled Congress MLA Rahul Mamkootathil in a case of rape and forced abortion against him.
Justice K Babu said that it will hear Mamkootathil's anticipatory bail plea on December 15 and till then he should not be arrested.
"Petitioner shall not be arrested during the pendency. Post on December 15, 2025," the court said.
Advocate S Rajeev, appearing for the expelled Congress MLA confirmed the order.
However, Mamkootathil is accused in a second case of sexual assault.
A sessions court in Thiruvananthapuram had on Thursday rejected his plea for anticipatory bail in the first case of rape and forced abortion registered against him last week.
A second rape case was lodged against him on Wednesday based on the complaint of a second woman, a resident of Bengaluru.
Mamkootathil, who has been absconding since the registration of the first rape case against him, has claimed in his plea in the High Court that he was innocent and his custodial interrogation was not required.
He has also contended that the relationship between him and the first complainant was consensual and when it became strained, a complaint was lodged against him.
The MLA has further claimed that the woman was married, but separated from her husband, and in order to "save her own skin" she disowned their relationship.
In his plea, Mamkootathil has said that he was prepared to explain each and every circumstance of the offences alleged against him and will also cooperate with the probe if he would get an opportunity to appear before the investigating officer without any fear of arrest.
He has also alleged that there is an attempt by the investigation agency to "mislead the facts" and he has got ample documents to establish the same.
