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Surat: during IT raid on Kishore Bhajiawala, gold worth Rs 5 cr and cash worth Rs 1 cr recovered

 

Today in Surat, during IT Income Tax raid on Kishore Bhajiawala, gold worth Rs 5 crores and cash worth Rs 1 crore were recovered. Kishore’s 8 lockers were operated out of which 3 were found empty and from remaining lockers 13 kg of gold and 2 kg of silver was found.

Kishore Bhajiawala came under the I-T scanner after he made a deposit of Rs 1.5 crore in one of his bank accounts after the government’s demonetisation move that was announced on November 8.

Kishore Bhajiawala is also known as KK Financer. He has been found with Rs 250 crore worth of wealth. Kishore is a tea-seller-turned-financier.