Rolls Royce, BMW, Lamborghini, Porsche… Taxmen seize 9 supercars from this conman

News Network
November 15, 2017

Bengaluru, Nov 15: After sudden raids, the income tax department has confiscated nine expensive cars and a super bike from high-profile 'conman' and Bengaluru native Sukesh Chandrashekhar, who is making the rounds of courts across the country under police escort.

Tax sleuths from Bengaluru raided a property in Kochi on November 10 and seized seven cars: a Porsche, Lamborghini, Rolls Royce, Range Rover, BMW, Fortuner, Prado. They also seized a Ducati bike.

Sukesh shot into the limelight earlier this year when the political drama in Tamil Nadu was at its peak, and he was arrested on the charge of trying to bribe Election Commission officials for an election symbol.

Sukesh is said to be close to TTV Dhinakaran, nephew of Tamil Nadu politician V K Sasikala. Both Dhinakaran and Sasikala, convicted in a disproportionate wealth case, are in jail in Bengaluru.

An under-trial housed in Tihar jail, Sukesh was brought to Bengaluru on October 10.

Tax sleuths had gathered information that the Delhi police team escorting him had allowed him to meet his business associates and shop at the plush UB City mall. Unknown to him, a team of tax sleuths from the Karnataka Investigation Wing was closely monitoring his activities.

They raided a service apartment on Vittal Mallya Road and an apartment in Nagarabhavi and seized two luxury cars, a Bentley and a Jaguar, in addition to what they had already seized in Kochi. They also confiscated expensive wrist watches, said to be worth crores, in Bengaluru.

Sources said Sukesh went about business even under arrest. He received cash from his contacts in Bengaluru, and splurged Rs 5 crore, also in cash, to buy some luxury cars in August this year.

Navas, Sukesh's confidant in Kochi, is said to have been the custodian of his cars. The team from Bengaluru carried out searches in Kochi between November 8 and 10. It got the keys to a locked property in that city from Navas. The property is owned by an NRI. Navas has stated that all expensive articles, including the cars, belong to Sukesh.

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wellwisher
 - 
Wednesday, 15 Nov 2017

Who ever what ever he may be ONE who looting and cheating with his country home land to be considered as terrorist and kept them behind bar.

Then only the commom people can survive and our country will develop.

Untill We all kick out our criminal politicians and corrupted ministers,  INDIA will never improve.

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News Network
March 18,2020

Mysuru, Mar 18: Even though the migration season is coming to end and the winged visitors are set to fly back, the water bodies where most birds nest and breed are under close surveillance with the report about spread of bird flu in Mysuru as unusual death of birds can be a cause for worry and hence the authorities are on high alert.

At Karanji Lake, the birds are watched in detail twice – morning and evening. If any sick bird or dead bird is noticed, the Zoo Vets are alerted. So far, no such birds had been sighted. The surveillance data is maintained every day. Intensive surveillance and passive surveillance is done.

Zoo Authority of Karnataka (ZAK) Member Secretary B P Ravi said the birds are doing well and there is no cause for worry with their health monitored constantly along with tests on the bird droppings done every month at the National Institute of High-Security Animal Diseases in Bhopal.

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coastaldigest.com news network
June 21,2020

Udupi, June 21: An entrepreneur lost his life after the car he was driving veered off the road and plunged into a roadside tank near Barkuru in Brahmavar taluk of Udupi district today.

The deceased has been identified as Santosh Shetty, a resident of Vakwadi in Kundapur taluk. He is the proprietor of Laxmi Glass and Plywood, Koteshwara. 

A woman, identified as Shweta, who was also on board the car suffered critical injuries.  

The mishap occurred when the duo was heading to Vakwadi from Brahmavar in Hyundai Car sedan car. 

Shetty lost control over his vehicle while negotiating a curve at Chaulikere and the car plunged off the road as there was no barricade. 

Even though local residents began rescue operation immediately, Shetty breathed his last on the spot. Shweta was rescued and shifted to a hospital in Manipal for treatment.

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News Network
March 5,2020

Bengaluru, Mar 5: Karnataka is facing unprecedented economic difficulties following a Rs 8,887 crore reduction in the state's share in central taxes, cut in allocation under 15th finance commission and a Rs 3,000 crore hit in GST compensation, Chief Minister B S Yediyurappa indicated on Thursday.

Presenting the state budget for 2020-21 in the Assembly, he said Karnataka's share in central taxes has come down by Rs 8,887 crore in 2019-20 as per the revised budget estimates of the central government. Therefore the state's revenue resources have been reduced. Apart from this, Rs 3,000 crore GST compensation will also be reduced as collection from the GST compensation cess is not as expected, the Chief Minister said. "With all this it has become difficult to reach to reach the 2019-20 budget targets and to manage this situation within the bounds of the Karnataka Fiscal Responsibility Act, an inevitable situation has arisen this year to cut down the expenditure of many departments," he added.

As per the interim report submitted by the 15th finance commission, there is a reduction in the state's share of central taxes to 3.64 per cent compared to 4.71 per cent fixed by the 14th finance commission. In view of this, there will be a reduction of Rs 11,215 crore in the state's share of central taxes in 2020-21 budget, when compared to the previous one.

He, however, noted that the allocation recommendation of the 15th finance commission is limited to one year only and the complete report for the period 2021-22 to 2025-26 will be submitted in October 2020.

"Our government will soon submit a revised memorandum to the commission to set right the loss caused to the state with regard allocation for the year 2020-21 and give more allocation for the remaining period," the Chief Minister said. He also said, when compared to the previous year, there is an increase of approximately Rs 10,000 crore for 2020-21 with regards to government employees salary, pension and interest on government loans, but there is no proportionate increase in resources as compared to committed expenditure. "Due to this reduction of the state's share of central taxes as per the 15th finance commission report and other developments, serious difficulties are being faced in resource mobilisation efforts of the state," Yediyurappa said. "This magnitude of economic difficulties was never faced in the previous years by our state," he added.

However, the state's own tax revenue collection is excellent during this year, he said. As compared to the previous year, there is a growth of 14 per cent in State GST collection. "Based on this, in the new budget, efforts are being made to manage the reduction in the share of central taxes by stabilising the state's own resources more", the Chief Minister said.

Karnataka recorded a gross state domestic product growth rate of 7.8 per cent in 2018-19 and Yediyurappa said for the current financial year it is estimated to be 6.8 per cent.

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