Income Tax investigation wing are conducting raids on several premises of DMK leader and former Union minister of state for commerce S Jagathrakshakan since morning.
Jagathrakshakan’s business empire spreads across various sectors like education, distillery and hospitality.
The simultaneous raids were being conducted in his residences, office premises and his five-star hotel in T.Nagar, the shopping district of Chennai, and several colleges run by him.
The former Union Minister of State for Information and Broadcasting and his family members manage at least a dozen colleges including Balaji Dental College and Bharath University in Selaiyur in Tambaram on the outskirts of the city.
