Thiruvalla: The Income Tax Department has found that companies under the Believers Church have laundered more black money. The Directorate of Enforcement has launched a preliminary investigation against the Believers Church institutions involved in money laundering. An old note was also found in the innumerable coins found from the Believers Church.
The Income Tax Department seized an unaccounted amount of Rs 15 crore from the Believers Church. During the four-day inspection, about Rs, 15 crore was found. Banned currencies also be among those seized. An Enforcement Special Team has launched a preliminary investigation. Believers’ Church institutions have been found to have laundered more counterfeit money.
Officials have received records of over Rs 6,000 crore in foreign aid for charitable activities in the last five years. But most of this money was invested in the real estate sector. Such illegal investments are also being investigated.