The Income Tax Department raided 38 locations in Delhi and Haryana belonging to Manoj Kumar Singh, an arbitration and dispute resolution advocate for having received huge amount of cash from clients. The IT sleuths recovered a whopping ₹3.5 crore in cash and some damning documents related to the transactions done by him and have also seized ten lockers.
A statement by the Central Board of Direct Taxes mentioned that data from Singh’s associates who were financiers and builders have also been recovered. It is alleged by the IT Dept that the advocate received ₹117 crore in cash, while having shown that he received just ₹21 crore in legitimate records. The CBDT also added that in another case, he was paid ₹100 crore in cash by an infra and engineering firm for having resolved its arbitration with a Public Sector Company.
Shockingly! Manoj Kumar Singh has also been elected as the Executive Chairman of the Delhi BAR Council.
“Income Tax dept raids 38 sites linked to Commercial arbitration advocate Manoj Kumar Singh. He received 100s of Crores in cash from clients! For what? Fees? Or bribes? And this man is elected as Executive Chairman of Delhi Bar Council, watchdog for lawyers!” Prashant Bhushan, a public interest lawyer in the Supreme Court tweeted.
