Hyderabad/UNI: Income Tax (IT) officials conducted searches at the residences and offices of former MP and Congress candidate Vivek Venkataswamy in Hyderabad and Mancherial on Tuesday.

The searches commenced in the early hours of today at locations including Somajiguda in Hyderabad, Mancherial, and his office in Begumpet, according to sources.

The IT officials initiated the searches based on reported transactions amounting to Rs eight crore for his company.