PANAJI:Income tax department’s searches for unaccounted money at three
mining companies,
Fomento Group,
Mukhtar Minerals and
Agarwal Group, continued for the third day in a row. I-T sleuths are likely to complete their search operations by Monday. Sources said that the offices of the chairman and the finance director of Mukhtar Minerals were sealed on Sunday.
“We have completed our search at Mukhtar Minerals offices, while searches at Agarwals and Fomentos will continue on Monday.
The search was successful and after a break we may continue in the next few days,” an I-T sleuth said.
I-T sources said they had found evidence that officials of Mukhtar Minerals had destroyed crucial documents pertaining to utilization of funds.