ED Books Karnataka Minister DK Shivakumar & 4 Others Under PMLA Act

News World India | 0
| September 18 , 2018 , 17:48 IST

The Enforcement Directorate on Tuesday registered a case against Karnataka Minister DK Shivakumar and some others on the basis of an alleged tax evasion and Hawala transaction case.

According to the media reports, the Enforcement Directorate (ED) has booked DK Shivakumar along with his Four associates of the minister, Sachin Narayan, Sunil Kumar Sharma, Anjaneya Hanumanthaiah and N Rajendran.

Media reports, Narayan is a business partner of Shivakumar and Sharma is the proprietor of Sharma Transports, which runs a fleet of luxury and passenger buses and provides transport services to various concerns and individuals on a rental basis.

Haumanthaiah, who is an employee at Karnataka Bhavan in New Delhi is allegedly responsible for storing and handling Shivakumar’s unaccounted cash.

The agency has filed the case based on a chargesheet filed by the Income Tax Department against him earlier this year before a special court in Bengaluru. Summons are expected to be issued soon to Shivakumar and his four associates under the Prevention of Money Laundering Act (PMLA).

As per tax department, a complaint was filed after the department found Rs 8.59 crore in cash at four Delhi properties, during searches on nearly 60 premises linked to him and his associates in August 2017.