DGGI concludes raids at businessman Piyush Jain's residence in Kannauj

The Directorate General of GST Intelligence (DGGI) concluded the raids at businessman Piyush Jain's residence in Kannauj, Uttar Pradesh. The Kanpur-based businessman was arrested on December 26 under Section 67 of the CGST Act after the recovery of unaccounted cash, gold and sandalwood. Speaking to mediapersons, Zakir Hussain, Additional Director of DGGI said, "We have concluded our 'panchnama'. We have recovered gold, handed it over to DRI, but the probe is on. The gold which was recovered in Kanpur is separate...here, we recovered about Rs 19 crore cash. As per higher officials, this is the biggest cash recovery.