Computer raids on four quarries in Kerala reveal tax evasion and black money transactions worth Rs 250 cr | Income Tax Service | Ernakulam | Kottayam

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Kochi: The Income Tax (IT) Department detected tax evasion and black money transactions worth Rs 250 crore after raiding four quarries in Ernakulam and Kottayam in Kerala. The quarries are Mariyam Granites in Thiruvaniyoor, Luxury Granites in Muvattupuzha, Royal Granites in Nedumkunnam and Thannikode Granites in Kothamangalam. IT officials also raided the homes of quarry owners.

Notably, the owners of some quarries have ties to politicians such as former Minister and Congressman of Kerala TU Kuruvila, Congress Leader PT Paul d’Angamaly and Panchayat OP Baby de Marady in Muvattupuzha.

For three days, the IT department has been carrying out raids. Irregularities, including Benami transactions, were identified during these raids. In some quarries, workers even attempted to destroy evidence, and officials struggled to retrieve it.

In Luxury Granites, a USB stick that recorded the accounts was thrown into wild bushes by some workers. While at Royal Granites, the workers tried to get rid of the toilet accounts. IT officials found items, including unrecorded cash, stored in a special rack inside an unused Taurus truck. The officials seized 2 crore rupees in cash from there.

Following the searches, the IT department froze the bank accounts of quarry owners. We learn that more political leaders will join the ranks as the investigation is underway.


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