Election static surveillance team, led by Pacchiappan, conducted a vehicle check at Manikkampalayam, Erode on Wednesday and seized Rs 2.05 crore, being carried out in a vehicle by a private agency to to deposit the money in the ATMs of some nationalised banks.
It was sent from IOB branch at Sathy Road. Of this, valid documents were kept for only Rs. 1.65 crore so that the officials handed over the vehicle and cash to the Erode East constituency returning officer and Corporation Commissioner Ilangovan.
Following this, the bank officials showed the accounts for the remaining Rs. 40 lakhs and got back the money and the vehicle.