I-T raids continue at D K Shivakumar’s properties; over 40 locations searched

News Network
August 3, 2017

Bengaluru, Aug 3: Income Tax department officials continued for the second day on Thursday their raids on properties linked to Karnataka energy minister DK Shivakumar, who is in charge of hosting Congress MLAs from Gujarat shifted outside to avoid a break in their ranks.

Officials said in Karnataka alone 39 locations were being searched, in addition to some in Chennai and Delhi. Media reports identified the Delhi properties to be located in Safdarjung and RK Puram.

According to sources, cash was recovered since the searches began at 7am on Wednesday, but there was no indication of the value. The department has not officially confirmed if it retrieved cash.

The raids on Shivakumar escalated into a political confrontation between his Congress party and the Bharatiya Janata Party. The Congress raised the issue in parliament, forcing multiple adjournments in the upper house, and the BJP of carrying out “an unprecedented witch-hunt”.

The Congress legislators taken to Karnataka are crucial for the party’s prospects in a close Rajya Sabha election scheduled next week in which Ahmed Patel, the political secretary to party president Sonia Gandhi, is seeking re-election.

The party saw a string of defections from its Gujarat cadre, prompting it to accuse the BJP of using money and muscle power to gain an advantage in the RS polls.

The raids on Shivakumar triggered protests by Congress members. On Wednesday, youth Congress leaders protested near Shivakumar’s residence in Bengaluru and outside the I-T office in Mangaluru.

Senior Congress leaders in the state were quick to condemn the raids, especially the use of paramilitary forces at the residence of the minister.

“I-T raids targeting energy minister D K Shivakumar is completely politically motivated and central government’s role behind it is well known,” chief minister Siddaramaiah said in a statement. He said, “It is not right on the part of central government to use I-T department for its political conspiracies. We will not bow down to such intimidation.”

Comments

Sandesh
 - 
Thursday, 3 Aug 2017

why the IT team is not raiding Adani & patanjali group ?

Gopal
 - 
Thursday, 3 Aug 2017

BJP is turning India into a dictatorial regime. When BJP can't horse trade MLAs,
let's raid where they are staying.

Truth
 - 
Thursday, 3 Aug 2017

I am surprised that there is no mention in the article about the huge cash seized
in the raid.

Anmol
 - 
Thursday, 3 Aug 2017

BJP is using official machinery to serve their political end. People of this country
will teach them a lesson in 2019.

Mohan
 - 
Thursday, 3 Aug 2017

The intention of the BJP is to tarnish the image of the Congress leaders . People
are watching the game and it will be reflected in the election provided the voting
machines are not tampered

Naveen
 - 
Thursday, 3 Aug 2017

This is how Modi the tyrant ran Gujarat with the Govt machinery as his
henchmen. Now he has the intelligence,ED,CBI,NIA,IT to harass those who
oppose him.It is a shame that India has been reduced to a banana republic.

Ganesh
 - 
Thursday, 3 Aug 2017

OK. Can staunch supporters of D K Shivakumar explain how IT found 10 crore
at his residence?

Kumar
 - 
Thursday, 3 Aug 2017

The more the raid on politicians and corrupt the better the common man feels

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News Network
July 25,2020

Bengaluru, Jul 25: Former Karnataka Chief Minister Siddaramaiah on Friday said that the ministers of the BJP-led government in the state avoiding a judicial enquiry into the alleged corruption in procurement of medical essentials "is their height of arrogance".

In a series of tweets, Siddaramaiah said, "Why is the government afraid of judicial enquiry on corruption in procurement of medical essentials? If the ministers are so clean, what is holding them back from initiating investigation? This is their heights of arrogance!!"

He said that there should be a judicial enquiry by a sitting High Court Judge to let people know the facts.

"We will submit our documents and let the government submit their documents. If they are confident, why are they reluctant to initiate an investigation?" Siddaramaiah asked.

"Statment from the PMO says 50,000 ventilators are procured at a rate of Rs 4 lakhs per unit. Is this not true? Will Karnataka BJP ministers say that ventilators under PM CARES are sub-standard and lack quality?" he said.

"There will be both basic and premium models in everything. Even the PMO could have bought Rs. 18 lakh worth ventilator. Why did they buy a Rs 4 lakh worth ventilator? What is the justification from ministers for this?" he questioned.

Siddaramaiah asked that if the Medical Education Department sent a proposal worth Rs 815 crores which is not recomended by experts.
"It is true that Medical Education department has sent a proposal worth Rs 815 crores. It is also true that there is a note on the proposal which says that these are not recommended by experts. What is the significance of this note?" he tweeted.

The former Chief Minister said that if the state government is saying that if ventilators were procured during the tenure of Congress-JD(S) government, they must produce the proof.

"They are accusing us for the ventilators procured during the coalition government. I was not in the government then. If they have documents, let them investigate about that also. Let the truth be revealed," he said.

The Congress leader said that the opposition is not interested in playing politics during the time of COVID-19 pandemic.

"We are not interested in doing politics during COVID-19 pandemic, which is why we have not taken up many other pressing issues. But how can we be quiet when hundreds of people are succumbing due COVID-19 mismanagement?" he asked.

Karnataka on Friday reported 5,007 more COVID-19 cases and 110 deaths. The total number of cases in the state stands at 85,870, including 52,791 active cases and 1,724 fatalities, said the state government's bulletin.

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News Network
May 21,2020

Shivamogga, May 21: A quarantine facility at Bapuji Nagar in Shivamogga on Wednesday evening was vandalised, by a group of people. leading to chaos.

The police had to resort to baton-charge to control the situation.

Locals were opposing the facility, which is being used to isolate travellers from different states in the view of coronavirus.

Deputy Commissioner KB Sivakumar said that the police department will investigate and book a case against the protesters.

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News Network
July 26,2020

Bengaluru, Jul 26: Today, one of the Co-founders of Infosys, SD Shibulal announced that over the last three days (22nd - 24th July) his family members have sold a portion of (representing approximately 0.20 per cent of the paid-up equity share capital) their holding in Infosys Ltd on the stock exchanges.

Proceeds from the partial stake monetization will be utilized for a combination of philanthropic and investment activities.

The sale was executed by Citigroup Global Markets India Private Limited as the Sole Broker.

The Founders, have served Infosys in various capacities, since its inception in 1981 until October 2014. Over the three decades, the Founders have nurtured the company transforming it into one of the professionally run companies in India with a global presence.

This press release is for information purposes only and is not an offer to sell, or a solicitation of an offer to buy, any of the shares described herein. The shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or in any state or other jurisdiction of the United States.

Securities may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the US Securities Act. 

There has not been and there will not be any public offering of the shares in the United States.

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