CBI raids more than 15 premises owned by State Congress Chief DK Shivakumar under Corruption & Money Laundering charges

CBI raids underway at more than 15 premises of state Congress chief DK Shivakumar and his brother & MP DK Suresh, including the former’s residence at Doddalahalli, Kanakapura

Karnataka: CBI raids underway at more than 15 premises of state Congress chief DK Shivakumar and his brother & MP DK Suresh, including the former’s residence at Doddalahalli, Kanakapura, and Sadashiva Nagar, in Bengaluru. Shivkumar’s properties are being investigated by CBI and ED.

Mr. Shivkumar is facing these inquiries under corruption and money laundering cases. Last year in August, the Enforcement Directorate (ED) had arrested Shivakumar in connection with a money laundering case.

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The ED probe had followed Income Tax raids on the former Minister in 2017 and detection and recovery of unaccounted wealth. He was bailed after inquiry, while the ED opposed the bail, alleging that Shivakumar needed to be quizzed relating to properties worth over Rs 800 crore and 317 bank accounts spread in 20 countries allegedly belonging to Shivakumar. ED alleged that the tainted money was transferred in the 317 bank accounts.

The ED later stepped in after the IT department came across instances of alleged money laundering. The IT department had raided Shivakumar in August 2017, among the other places, at Eagleton Golf Resort on the outskirts of Bengaluru where he had hosted a group of Congress MLAs from Gujarat to secure them from any poaching attempts during the Rajya Sabha polls in which Political Secretary to AICC president Ahmed Patel was a candidate.

Shivakumar had strongly denied the allegations describing the case against him as a political vendetta.