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Karnataka Congress leader DK Shivakumar arrested on charges of money laundering

The alleged money laundering came to light after raids by the tax sleuths on the premises of Shivakumar in Bengaluru, Kanakapura and New Delhi on August 2, 2017 led to seizure of unaccounted cash worth Rs 8.59 crore and no evidence on its source.

Karnataka Congress leader DK Shivakumar arrested on charges of money laundering
File photo

Karnataka Congress leader DK Shivakumar was arrested on Tuesday on charges of money laundering.

Known as Congress' favoured troubleshooter in Karnataka, Shivakumar had been interrogated by the Enforcement Directorate over the past several days - his appearence before ED on Tuesday was his fourth. By the end of the day, however, he was arrested in connection with the money laundering case being probed by the investigating agency. The ED has registered a case of money laundering on the basis of a chargesheet filed by the Income Tax Department.

Shivakumar's properties were also raided by the IT Department in the past even though the veteran leader has said that the case against him is 'politically motivated.' "'There’s no illegal activities that I've done. BJP leaders have said it on record, they're going to harass me," he had told news agency ANI. "I am willing to cooperate with the ED also because I know I am innocent."

In a setback to Shivakumar, the Karnataka High Court last Thursday had declined to stay the summons issued by ED in December of 2018 to him in an alleged money laundering case.

Dismissing the writ petitions of Shivakumar and four others for quashing the summons, Justice Aravind Kumar directed them to appear before the ED and face the inquiry on the alleged hawala transactions in violation of the Prevention of Money Laundering Act (PMLA), 2002.

The other four petitioners are Sachin Narayana, Sunil Kumar Sharma, Anjaneya Hanumanthaiah and Rajendra, who are associates of the high-profile lawmaker from the Kanakapura assembly segment and a trouble-shooter of the Congress.

The alleged money laundering came to light after raids by the tax sleuths on the premises of Shivakumar in Bengaluru, Kanakapura and New Delhi on August 2, 2017 led to seizure of unaccounted cash worth Rs 8.59 crore and no evidence on its source.