Following reports of alleged tax evasion by AIADMK mouthpiece, television channel Jaya TV, Income Tax officers launched an early morning raid on its premises on Thursday.
The Tamil channel is controlled by AIADMK and arrested party leader VK Sasikala, while it was founded by late Chief Minister Jayalalithaa.
According to sources, the I-T raids started around 6.30 am on Thursday morning.
The latest development could have a significant impact on Tamil Nadu politics, with the ruling AIADMK faction engaged in a bitter battle with rebel Dhinakaran and his supporters.
Moreover, this is likely to become the opposition’s latest ammo in criticizing AIADMK and its functioning.
Read MoreDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.