Clean chit for DK Shivakumar

The Congress leader had moved the top court against the Karnataka High Court order that refused to quash the Enforcement Directorate (ED) summons issued to him in an alleged case of money laundering

The Supreme Court on Tuesday dismissed a money laundering probe against Karnataka Deputy Chief Minister DK Shivakumar. The Congress leader had moved the top court against the Karnataka High Court order that refused to quash the Enforcement Directorate (ED) summons issued to him in an alleged case of money laundering.

The case dates back to August 2017 when the Income Tax department had carried out searches at multiple premises in Delhi as part of its alleged tax evasion probe against Shivakumar, his alleged business associate and liquor trader Sachin Narayan, another associate Sunil Kumar Sharma who operated a fleet of luxury buses, Karnataka Bhawan (Delhi) employee A Hanumanthaiah and former state government employee and caretaker posted at the Karnataka Bhawan Rajendra N.

The department during the searches had seized more than Rs 8.59 crore, out of which more than Rs 41 lakh has now been adjusted as tax liability of Shivakumar and more than Rs 7.58 lakh as that of Sharma after they claimed the money as their agriculture income and business income, respectively.

Rs 8.5 cr
Amount seized in raid

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!