After conducting several raids at various locations on Monday, the Central Bureau of Investigation (CBI) accused the leader of Congress, Shivakumar, of accumulating disproportionate assets worth 75 million rupees.
“The IWC has registered a case against the former Minister of Government of Karnataka (now MLA) on charges of possession of disproportionate assets amounting to 74.93 million rupees (approximately) on his behalf and on behalf of the members of his family, “the agency said in a statement.
“It should be recalled that the Government of Karnataka has issued a Notice u / s 6 of the DSPE Act and it was followed by a Notice u / s 5 of the DSPE Act issued by the Government of India, after which CBI had initially registered a preliminary Consultation during the month of March, 2020 against said MLA and others on the matter, ”the statement reads.
“Searches were carried out today in 14 locations, including Karnataka, Delhi, Mumbai at said MLA facilities and others, leading to the recovery of cash of Rs 57 lakh (approx.) And various incriminating documents, including documents of property, disc bank information, etc. The investigation continues ”, he said.
The IWC carried out simultaneous raids in several places in the country, including residences and commercial establishments, related to the leader of the Karnataka Congress, DK Shivakumar, and his brother DK Suresh. These 14 locations that the investigative agency raided include 9 in Karnataka, 4 in Delhi, one in Mumbai.
Shivakumar was arrested on September 23 last year by ED in the money laundering case and was held in Delhi’s Tihar Jail in judicial custody. He was released a month later, after the Delhi High Court granted him bail.
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