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Setback to DK Shivakumar as HC refuses to stay ED summons

Agencies
August 29, 2019

Bengaluru, Aug 29: In a major setback to former minister and powerful leader of Karnataka Congress DK Shivakumar, the Karnataka High Court on Thursday refused to stay the summons issued by the Enforcement Directorate (ED) in the money laundering case. The Congress MLA from Kanakapura and a few others had filed a petition before the HC seeking cancellation of summons issued by the ED.

 The single judge bench comprising Justice Aravind Kumar dismissed the petition filed by DK Shivakumar and four others. Income Tax officials had raided the properties of DK Shivakumar in Bengaluru and New Delhi on 2 August 2017 and had seized unaccounted cash over Rs 8.59 Cr. The ED had issued summons to Shivakumar to appear for questioning in connection with the IT riads. Cases have been registered under Section 277 and 278 of the Income Tax act of 1961 and Sections 120(B), 193 and 199 of IPC against DK Shivakumar, Sachin Narayana, Sunil Kumar Sharma, Anjaneya Hanumanthaiah and Rajendra.

The ED officials had issued summons to Shivakumar in December 2018 on charges of money laundering after IT sleuths recovered unaccounted cash from a flat owned by Shivakumar in New Delhi. The High Court bench also expressed that it is for the agencies (IT or ED) to decide whether the offence is made out or not under the Prevention of Money Laundering (PML) Act while dismissing the petitions.

Following the judgement, DK Shivakumar reportedly rushed to his advocate’s office near High Grounds and consulted about the future course of action. Sources close to the former minister revealed DH that Shivakumar—often hailed as troubleshooter of state Congress is likely to appeal against the verdict in Supreme Court on Friday.

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coastaldigest.com news network
June 10,2020

Udupi, June 10: Philanthropist and businessman Haji P K Abuswalih Kannangar passed away today at a private hospital in Mangaluru. He was 85. 

He was a resident of Pombathota house at Kannangar in Kaup taluk of Udupi district.

He was the proprietor of Green Store in Mudigere for past five decades and also was a coffee planter. 

He had served as the president of Muhayaddin Juma Masjid at Mudigere Hand-post in the past. He was also former president of Mudigere Taluk unit of Indian National Congress.

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News Network
February 17,2020

Bengaluru, Feb 17: Union Finance Minister Nirmala Sitharaman on Monday assured that the Centre is committed to stand by its promise of providing Rs 18,600 crore Bengaluru suburban Rail project.

Addressing a press conference after a post-budget interactive session with the representatives of the various trade bodies, industry leaders and others here, she said that the union cabinet has already given its clearance for the long-pending project.

Informing that the central government will have 20 per cent of its capital share in the project followed by another 20 per cent share from the state government, she said "beside this, the union government will stand for a sovereign guarantee for the rest of the 60 percent share, which can be raised through loans from external agencies".

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News Network
February 27,2020

Bengaluru, Feb 27: Union Minister of State for External Affairs V Muraleedharan on Wednesday said the Union Government will take up the issue of establishing a US consulate in Bengaluru during bilateral talks with the US officials in the future.

Speaking at a seminar on Videsh Sampark here, Mr Muraleedharan said after Delhi and Mumbai, a large number of visa applications come from Bengaluru. “We will take up the issue of establishing a US consulate in Bengaluru during bilateral talks,” he said.

Earlier, the chief secretary of Karnataka TM Vijay Bhaskar urged the centre to consider the state government’s demand of setting up a US Consulate in Bengaluru. At the moment visa applicants have to travel to Chennai for the purpose.

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