Income Tax department on Tuesday raided more than 60 places across the country in connection with the alleged illegal investments and hawala transactions case involving Jharkhand's former Chief Minister Madhu Koda.

"Raids are being conducted at 60 places in the country," Director of Income Tax Department, Ujjwal Choudhary, said over phone. He, however, refused to divulge why the raids were being conducted, the names of the persons and places involved.