TIOL-DDT 1073 · Wednesday, 18 March 2009 · story 7 of 7

Babu Neta Combo Offer – Rs 3 Cr cash seized at Delhi Airport

The Income Tax Department welcomed a former IAS officer and a politician from Andhra Pradesh at Delhi airport and seized Rs. 3 Crores in cash from them. As a follow up, the Department got another One Crore Rupees from the former IAS officer's residence at Hyderabad. The amount of cash floating around is mind-boggling. Andhra Pradesh is a rich State and it is expected that each candidate in an Assembly Constituency will spend Rs. 10 Crores and there are three major political parties and 294 Assembly Constituencies. And that is about 9000 Crores, without considering the Parliamentary Constituencies. There are quite a lot of rich former bureaucrats in the field.