I-T Sleuths Raid BJP leader Sushil Waswani for allegedly Laundering Huge Sums of Black Money

I-T department raids BJP leader Sushil Waswani for allegedly laundering huge sums of black money

The raid was simultaneously conducted at 12 different locations in Bhopal on Tuesday, December 20, that includes his house in the Bairagarh township and the three hotels he owns in various parts of Bhopal.

Sushil Vaswani, the BJP leader has been raided by the Income Tax department in Bhopal for allegedly exchanging large amounts of old currency notes with new ones through the Mahanagar Nagrik Cooperative bank.

The raid was simultaneously conducted at 12 different locations in Bhopal on Tuesday that includes his house in the Bairagarh township and the three hotels he owns in various parts of Bhopal.

Earlier in November, BJP’s youth wing secretary from Salem, JVR Arun, was arrested by Tamil Nadu police with bundles of new currency notes worth Rs 20.55 lakh. BJP said that they had removed Arun from organisational responsibilities after his arrest. In another incident, former BJP leader Manish Sharma from West Bengal was also caught with Rs 33 Lakh in Rs 2,000 notes.

Photo Courtesy: Indian Express

Who is Sushil Waswani?

Says India Today,

1. He was once a bus conductor in the now defunct Madhya Pradesh Road Transport Corporation. But that was much before Vaswani made it big in MP BJP politics.
2. He now owns three hotels and several other posh properties in Bhopal.
3. The raid was simultaneously conducted at 12 different locations in Bhopal on Tuesday that includes his house in the Bairagarh township and the three hotels he owns in various parts of Bhopal.
4. Vaswani is also the founder director of the Mahanagar Nagrik Cooperative Bank that was inaugurated by a top BJP leader in 1992.
5. Apart from a senior BJP minister Uma Shankar Gupta, senior RSS leader Shashi Bhai Seth are also among the directors of this bank through which the disproportionate exchange of old and new currency notes has allegedly happened.
6. Vaswani also enjoyed a minister of state status in the BJP government when he was appointed the chairman of the MP Housing Corporation. He proudly displays his past status on the name plate of his house that was raided on Tuesday.
7. The December 20 income tax raid started at around 6.30 am with 64 officers simultaneously searching 12 locations in different parts of the city.
8. According to a top source in the IT department a lot of incriminating evidence pointing towards large scale exchange of currency notes post demonetisation have been recovered during the raids.