#BREAKING: Income Tax Department busts a big nexus of Chinese Companies using Hawala Network in India. 21 locations in Delhi, Ghaziabad & Gurugram raided. Chinese individual caught by Income Tax Dept. This person Charlie Pang (Real Name: Luo Sang) had a fake Indian passport. 
Fake passport issued from Manipur. Chinese National was using 8 to 10 bank accounts in fictitious names in India. Charlie Pang was representing several Chinese Companies in India for Hawala Operations. Hawala of more than Rs 300cr known till now & it go into thousands of crores.
Official Statement of Indian Income Tax Department on searches which were conducted on premises of #Chinese entities. ‘At the behest of Chinese individuals more than 40 bank accounts were created in various dummy entities entering into credits of more than R. 1000 crores’.
