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.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 13,2020

New Delhi, Feb 13: Ashoka Buildcon on Thursday said it has emerged as the lower bidder for a highway project worth Rs 1,035.5 crore in Karnataka.

The project entails four laning of a section of NH-206 in the state.

Ashoka Buildcon had submitted its bid to National Highways Authority of India for the project to be built on hybrid annuity mode under Bharatmala Pariyojana, it said in a BSE filing.

"The company emerged as the lowest bidder at the financial bid opening meeting held on February 13," Ashoka Buildcon said.

The quoted bid project cost for the project is Rs 1,035.50 crore, it added.

The company's stock was trading at Rs 103.05, down 2.78 per cent, on the BSE.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
April 21,2020

Mangaluru, Apr 21: An elderly woman from Bantwal taluk in Dakshina Kannada district has been diagnosed with covid-19, a deadly disease caused by coronavirus.

The state health and family welfare department, in its bulletin released on Tuesday morning, confirmed  that 67-year old woman suffering from covid-19.

The woman is said to be a neighbour of the woman from who died last Friday after being infected with coronavirus.

It is suspected that the virus reached elderly woman's body as she was in touch with the deceased.

The woman was admitted to Covid - 19 Hospital, Mangaluru, on the April 18 after she developed breathing problem. It is learnt that she is responding to the treatment

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
July 7,2020

Mangaluru, Jul 7: The residents of Bangle Gudde, Mathadagudde area in Gurupura Gram Panchayat in Dakshina Kannada district of Karnataka, where two teen aged children were buried alive, were shifted to safer places.

District officials said on Tuesday that the residents have been provided temporary shelter in Gurpur school, PU college, and hostels, while few others were shifted to Ashraya centers. Total 40 houses out of 180 houses in this area located in the red zone were damaged due to heavy rain.

If the residents want to stay in the rented house, the revenue department is ready to pay a sum of Rs 2,500 towards rent, official sources said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.