ED detects Rs 104 crore deposits in BSP account, Rs 1.43 crore in Mayawati's brother's account
Agency sources said money had been deposited in the accounts of Anand Kumar and the BSP since the ban on 500 and 1000 rupee notes was announced by Prime Minister Narendra Modi on November 8
Ahead of the crucial assembly elections in Uttar Pradesh next year, Bahujan Samaj Party (BSP) supremo Maywati has landed in a soup after Enforcement Directorate detected Rs 104 crore in an account belonging to the BSP and Rs 1.43 crore in an account belonging to party Supremo Mayawati's brother Anand in a branch of United Bank of India, DNA reported.
ED sources told the newspaper that that the accounts had been detected in a branch of the United Bank of India (UBI) in the capital. Officials said they visited the Karol Bagh branch of the bank as part of their routine survey and enquiry operations to check huge cash deposits, and found that huge deposits were made in these two accounts after demonetization.
Agency sources said money had been deposited in the accounts of Anand Kumar and the BSP since the ban on 500 and 1000 rupee notes was announced by Prime Minister Narendra Modi on November 8.
The ED has sought details about the accounts from the bank. It has been understood that the agency will write to the Income-Tax (I-T) department. The ED has also asked the bank to provide it some CCTV footage and the KYC documents used to open the accounts.
Under the Income Tax Act, the income of political parties is exempt from tax provided all donations above Rs. 20,000 are taken by cheque and lower ones are properly documented, with full details of the donors