RAIGARH: An IT raid was conducted at the residence and factory of an industrialist in Sattigudi Chowk in Raigarh on Wednesday.

According to sources dozens of IT officers are carrying out a search at the premises under industrialist Sanjay Agarwal.

More details on the search operation are awaited.

Earlier on Tuesday, a similar raid was conducted in Jharkhand where a sum of Rs 2 crore in cash and Rs 100 crore in unaccounted transactions were seized. A total of 16 bank lockers were seized in the search operation launched on 50 premises across Ranchi, Godda, Bermo, Dumka, Jamshedpur, Chaibasa, Patna, Gurugram, and Kolkata.

Officials engaged in n coal trading/ transportation, execution of civil contracts, extraction of iron ore, and production of sponge iron on November 4, 2022, were specifically searched.