CBI Raids D K Shivakumar: Rs 50 Lakh Recovered So Far From Various Locations Linked To Congress Leader

At least Rs 50 lakh have been recovered so far from various locations related to Karnataka Congress president D K Shivakumar that are being raided by the Central Bureau of Investigation (CBI) in a corruption case, Zee News reported citing officials.

The central agency began carrying out searches at 14 locations linked with Shivakumar and his brother D K Suresh, Lok Sabha MP from Bengaluru Rural. The locations are in Karnataka, Delhi and Maharashtra.

The raids are being conducted in the case pertaining to amassing of disproportionate assets, the CBI said.

"CBI has registered a case against then Minister of Karnataka Government and others on the allegations of acquisition of Disproportionate Assets. Searches are being conducted today at 14 locations including 9 in Karnataka, 4 in Delhi, one in Mumbai. Details will follow," the agency said in a statement.

The Congress party too condemned the action and termed it political vendetta and an "insidious game of intimidation".

The CBI had registered a case against D K Shivakumar and others under the prevention of corruption act, after it was given a go ahead by the Karnataka government on 25 September, 2019.

The case had emerged out of an Enforcement Directorate (ED) investigation in a money laundering matter, for which he was also arrested in September last year based on a charge sheet filed by the Income Tax Department against him.

He was accused of routing unaccounted money through hawala channels with the help of others. Under the Prevention of Money Laundering Act (PMLA), Shivakumar was charged with tax evasion and ‘hawala’ transactions worth crores of rupees.