CBI probe into seizure of Rs 570 cr in TN

 The Madras High Court on Monday directed the CBI to conduct an investigation into the seizure of Rs 570 crore during the Assembly polls in Tamil Nadu.

 The court’s direction came against the backdrop of writ petition filed by DMK MP T K S Elangovan.

Hearing

When the case came up for hearing, Justice R Subbiah issued the order to the country’s premium investigation agency and said it can initiate appropriate action as per law.

Barely three days prior to the elections in Tamil Nadu, a flying squad, deployed by the Election Commission of India had seized Rs 570 crore from three trucks in Tirupur district.

However, the State Bank of India informed that the money belonged to them and it was transported in lorries to Hyderabad due to shortage of currency in that region.

In his petition, Elangovan argued that one of the trucks, which carried the cash, had fake registration number. The petitioner also charged that documents of two trucks were fake.