Election officials who continued the search operation at moneylender Babulal Parasram Puria’s residence here for the second day on Sunday unearthed huge investments made through postal savings and banks.
“Kisan Vikas Patra, National Savings Scheme certificates and fixed deposits in banks worth Rs. 35.24 crore were found at his residence. In addition, innumerable land records, signed blank promissory notes, stamp papers were also found during the search,” Venkatesh, Additional Deputy Commissioner, told presspersons here.
Stating that no cash was found during the search operation on Sunday, Mr. Venkatesh said the investment receipts were in the names of Mr. Puria and his family members.
According to Mr. Venkatesh, a huge number of records was found and its verification may continue on Monday too.
Acting on a tip-off that money was likely to be used for electoral malpractices, election officials conducted a search operation conducted early on Saturday that yielded unaccounted-for cash amounting to Rs. 9 crore. They also found deposit receipts, including of NSS and Kissan Vikas Patra, worth Rs. 4.5 crore, cheques for Rs. 5 crore and documents pertaining to hundreds of acres of land.
On Saturday, Amlan Aditya Biswas, Deputy Commissioner and District Election Officer said there was evidence to prove that Mr. Puria was lending money at a certain rate of interest to political parties. A cheque issued by a BSR Congress candidate (Muralikrishna) to repay the loan taken in the previous election was found.
On Sunday afternoon, the model code of conduct enforcement team comprising officials from the departments of Revenue, Income Tax, Central Excise and the Police, were reportedly prevented from entering the house by Mr. Puria’s son who asked them to show the warrant.
On getting the information, Anirudh Shravan, Assistant Commissioner, rushed to the spot and led the team inside the house. The team were also seen searching overhead tanks at three houses belonging to Mr. Puria that are adjacent to each other.