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Income Tax raids on firms owned by ex-UPA minister SM Krishna`s son-in-law
The officials of the Income Tax Department are conducting raids on several properties belonging to former Karnataka chief minister SM Krishna`s son-in-law, said reports on Thursday.
Bengaluru: The officials of the Income Tax Department are conducting raids on several properties belonging to former Karnataka chief minister SM Krishna's son-in-law, said reports on Thursday.
According to ANI, the raids are being conducted on the premises of Krishna's son-in-law and owner of Café Coffee Day, VG Siddhartha in Bengaluru.
The raids are being carried out over 20 locations in Bengaluru, Mumbai, Chennai and Chikmagalur. However, there is no official confirmation regarding the raids from the Income Tax Department as yet.
VG Siddhartha is the owner of several firms including the famous Coffee Day, Way to Wealth Group, Serai Group etc.
The IT raids on properties owned by Siddhartha comes several months after SM Krishna – a veteran Congress politician for over four decades - joined the BJP in March this year.
SM Krishna, apart from being the former Chief Minister of Karnataka, has also been the External Affairs Minister in the UPA government as well as the Governor of Maharashtra.