I-T raids underway at Jaya TV office, Jazz Cinemas, Phoenix Mall and other Sasikala family businesses

Income Tax officials raided the office of Jaya TV in Chennai early on Thursday morning over allegations of tax evasion and alleged money laundering via newly-floated shell companies. Simultaneous raids began at several other places including the office of Dr Namadhu MGR newspaper, the mouthpiece of the AIADMK party and Jaya TV MD Vivek Jayaraman's residence here in the city.
The raids, which began at 6 am today at the channel's office in Ekkatthuthangal, is still going on.
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