Reportedly the Income tax department has issued a press release stating that searches were conducted in the properties of 4 major players in the tamil film industry on Wednesday. Meanwhile this included residences and offices of a prominent actor vijay, his distributor sundar Arumugam, producer AGS and financier Anbu Chezhiyan. According to the I-T department, the common thread among all these entities was the success of a recent film (Bigil) which was a box office hit collecting around Rs. 300 crore.
The press release said "In the context of the issues of the prominent Actor, it is stated, that, his investment in immovable properties and remuneration received from the said producer (AGS) for acting in the film is the subject matter of investigation in the present search. Searches in some of the premises are still continuing". Furthermore as far as AGS is concerned, the department says, "The producer, who is also a part of the group searched, is into film production, distribution and film exhibiting Multiplexes and has produced several films. Analysis of the accounts available in the office premises is under process. Evidences of actual receipts and expenses booked and remuneration paid to Artists is under investigation."
Reportedly "The highlight of the search is the seizure of unaccounted cash of about Rs. 77 crore from hideouts and secret places located at chennai and madurai, purportedly belonging to the financier and the distributor of the film is also under the scanner. The department stated "All documents in original, belonging to the distributor have been recovered from a hideout place, which was the house of his friend. Scrutiny of the evidence so unearthed is under progress".