In Chennai, tax raids are being conducted at 40 locations, including well-known Tamil film producers. The raids began at 5 a.m. on August 2 and are scheduled to go until 4 p.m. According to reports, the Income Tax department raided the homes of producers Anbuchezhian, SR Prabhu, Thiagarajan, and Kalipulli S Thanu. Officials have yet to make public the findings.
Anbuchezhian's assets allegedly contained approximately 77 crores in income. The raids are now taking place at the major producers' offices and homes. According to reports, the IT department is raiding the homes of most film financiers as part of a broad crackdown.
This is the third time Anbuchezian, a financier and producer, has been raided by Income Tax authorities. According to media sources, an IT raid was undertaken at Anbuchezian's apartment in 2020 in response to reports of unexplained transactions. The 2020 raids came after the IT department raided actor Vijay's home.
According to news sources from 2017, producer Anbuchezhian is accused of being a loan shark and is the prime suspect in the suicide of producer Ashok Kumar. According to rumors, the IT department is raiding the homes of producers who owe Anbuchezhian money.