DK Shivakumar case: ED discovers Rs 200 cr in 317 accounts, benami properties worth Rs 800 crore
New Delhi: The Enforcement Directorate claims to have discovered Rs 200 crore of unaccounted money, which allegedly belongs to Congress troubleshooter DK Shivakumar. According to the probe agency, they have the details of 317 accounts held by DK Shivakumar in 20 banks. These accounts, the agency said, have over Rs 200 crore.
The agency, however, has refused to share the details of the source of money. DK Shivakumar has been sent to ED’s custody till September 17.
The ED also claimed to have recovered documents pertaining to alleged benami properties of DK Shivakumar worth more than Rs 800 crore.
In 2017, the Income Tax department had claimed to have detected unaccounted money worth over Rs 429 crore, but the ED’s investigation has allegedly disclosed a massive wealth of over Rs 1000 crore.
The ED claims that they have documents of the properties and details of bank accounts. The ED has also alleged that when DK Shivakumar was confronted about the benami properties and unaccounted money in bank accounts, he remained non-cooperative. However, they have recorded statements of four witnesses in connection to the unaccounted money.
According to the ED, DK Shivakumar laundered tainted money. It’s a unique case of money laundering.
During the extended custody, the ED plans to confront and question eight other suspects and witnesses in the case related to DK Shivakumar. The ED will also confront Shivakumar with the 317 bank accounts in which Rs 200 crore has been deposited.
Shivakumar, who was arrested by the ED on September 3, was questioned for more than 100 hours during his custody till September 13.