Ernakulam: Following information received about money laundering and fraud reports of financial dealings in AICC, the AICC cashier Mathews Varghese’s house was raided in Chottanikkara.
The AICC’s fraudulent financial dealings and black money had popped out. The raids were conducted by a special team of Income Tax Department from Delhi. The inspection, which began at four in the morning yesterday, continues today.
Mathews, a resident of Delhi, has been in charge of AICC’s major financial transactions. He has been living in Delhi for the past fifty years.
The raids were carried out in Hyderabad and Megha Construction in Delhi following reports of major financial irregularities. Subsequent inspections were carried out at Mathews’ home.