The development comes even as State Bank of India had claimed the money

TN polls I-T Dept asks Tirpur dist admin to move back vehicles carrying cash to Coimbatore
news TN2016 Sunday, May 15, 2016 - 19:18

A day after election officials seized three trucks carrying Rs 570 crore near Tirupur, the Income Tax department on Sunday asked the district administration to move the vehicles back to Coimbatore chest of the SBI to execute search warrants.

"The Income Tax department has given a letter to district collector (Tirupur) to transfer the vehicle to Coimbatore in the bank chest to execute search warrants," Tamil Nadu Chief Electoral Officer Rajesh Lakhoni said.

The development comes even as State Bank of India had claimed the money to be its, saying it was being transferred from Coimbatore to Andhra Pradesh to address cash shortage in that state and as per RBI instructions.

The vehicles were detained by election department officials after chasing the trucks, which were accompanied by three cars, after they did not stop at the check post at Chengapalli in Tirupur District in the wee hours of yesterday.

A high-level committee, headed by Expenditure Observer, carried out a detailed inquiry with the State Bank of India officials for more than 12 hours, with regard to despatch of the money, without valid documents and proper security.

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