Bhupen Goswami
GUWAHATI : The Income Tax Department on Tuesday busted a major nexus of Chinese companies using hawala networks in India. Interestingly, these rackets have allegedly got a Manipur connection as fake passports have been issued from Manipur. A senior official of the Income Tax Department told media persons in Guwahati on Wednesday that the hawala being run by a Chinese citizen living in India.
There are many disclosures about the business. The Income Tax Department inquiry revealed that Lou Song was living in India by changing his identity. Not only this, he has also married a girl from Manipur. On Tuesday itself, the Income Tax Department team raided and busted the hawala business worth about 1000 crores. Married to Manipur girl for use of fake passport. Suspected Lou Song, changing her identity and living in India.He had become Charlie Pang, through the hawala, Lau used to withdraw three crore rupees every day, he was assisted by officials of Bandhan Bank and ICICI Bank.
The Chinese suspect has around 40 bank accounts. He said that based on credible information that some Chinese individuals and their Indian associates were involved in money laundering and hawala transactions through a chain of shell entities, a search operation was initiated in various premises of these Chinese entities, His close union and bank was representing a pair of employees and fake Chinese companies in hawala operations worth Rs 300 crore. In addition, documents related to money laundering with hawala transactions and “active involvement of bank employees and chartered accountants” have also emerged. The investigation is underway for more information, The officer said.
