Former minister and senior Congress leader of Karnataka D K Shivakumar, who is being probed by Enforcement Directorate (ED) on money laundering case, has got more to bear. The ED has received more than 200 complaints against Shivakumar alleging him of financial irregularities.
According to a senior ED official, they have received more than 200 financial irregularity complaints and the agency is checking the veracity of the same. Many of the complaints are from the investors in a housing project, who are alleging that they have lost their money because of D K Shivakumar.
ED is conducting inquiry on Shivakumar on the money laundering case filed by the Income tax department alleging tax evasion and hawala transactions that ran into crores of rupees. A Karnataka MLA is also called for inquiry in the same connection. However, the MLA did not appear before the ED for its first summons. A second summons is sent to the concerned MLA, who is said to be close aide of Shivakumar.
Shivakumar was sent to judicial custody by court on Tuesday, September 17 after completing his custody with ED. The ED has said in the court that former minister D K Shivakumar and his aides have more than 317 bank accounts. The agency is said to the court of finding money laundering to the tune of Rs 200 crores. In addition, the agency also has said that it has found Rs 800 crores of benami assets. However, the former minister had denied all the allegations.
According to a senior official of ED these 317 bank accounts are in the name of 46 individuals. Records on these accounts are being monitored in order to know the amount of money that has gone into and come out of the said accounts.