ED files charge sheet against Congress' DK Shivakumar in money laundering case

Bengaluru, May 26: Giving a major blow to Karnataka Congress president D K Shivakumar, the Enforcement Directorate has filed a charge sheet against the Congress president and others in an alleged money laundering case.

 

 

 

“The prosecution complaint has been filed under various sections of the Prevention of Money Laundering Act (PMLA) before a Delhi court,” ED officials said. The charge sheet has been filed in the Rouse Avenue Court of Delhi before Special Judge Vikas Dhull.

 

The case is based on the Income Tax department charge sheet filed against Shivakumar and others for alleged tax evasion and hawala dealings.

 

It should be pointed out that, the Congress leader is presently on bail in the PMLA case registered by ED based on a complaint filed by the I-T department. ED had arrested him on September 3, 2019, however, the Delhi HC granted him bail in October 2019.

 

 

 

The money laundering angle came to light after-tax officials raided Shivkumar's residence and other locations in New Delhi. During which the department recovered a total amount of Rs 10 Crore, including 2.5 crores from his Bengaluru property. The I-T department accused him of regularly transporting unaccounted cash through the Hawala network with the help of his four associates namely, Sachin Narayan, Sunil Kumar Sharma, Anjaneya Hanumanthaiah, and N Rajendran.

 

The ED also booked the associates including transporter Sunil Kumar Sharma, who is accused of transporting cash on a regular basis through hawala channels, and Shivakumar’s business partner Sachin Narayan.