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Rs 1,430 crore undeclared wealth recovered from premises of Sasikala, Kin

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Chennai, Nov 14: After a five-day long raids conducted by Income Tax officers at several premises linked to jailed AIADMK leader VK Sasikala , her kin and their business associates, Rs  1,430 crore in undisclosed income was recovered.

“We have found tax evasion of Rs 1,430 crore, as of now. This figure is likely to go up as we have also seized incriminating documents. We have seized Rs 7 crore in cash, and gold jewellery worth around Rs 5 crore,” the senior tax official told news agency IANS on the condition of anonymity.

“A lot of diamonds seized have to be evaluated. We have also frozen 15 bank lockers and several bank accounts,” he added.

The raids concluded on Monday with the officials questioned Jaya TV managing director Vivek Jayaraman, former Chief Minister J Jayalalithaa’s personal assistant S Poongundran, her physician Dr KS Shivakumar and AIADMK Karnataka unit secretary Pugalendhi.

In one of the biggest ever raids, Income Tax department launched search operation at 187 premises in Tamil Nadu, Delhi, Bengaluru and Hyderabad related to Sasikala.

The official raided the residence of Sasikala’s husband M. Natarajan in Thanjavur, Kodanad Tea Estate related to Jayalalithaa, Jazz Cinemas, Midas Distilleries, Sharada Paper and Boards, Senthil Group of Companies, Nilgiri Furniture in Coimbatore, Jaya TV, Namadhu MGR and several other premises in Tamil Nadu, Puducherry, Hyderabad, and Bengaluru.

Wefornews Bureau 

Politics

This Result is a gift for Rahul Gandhi: Sachin Pilot

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Jaipur, Dec 11: Rajasthan Congress Chief Sachin Pilot on Tuesday said that the result of assembly elections is a gift for party president Rahul Gandhi. 

“Party President Rahul Gandhi became party president exactly a year ago this day, so this result is a gift for him. Congress will form Govt in three states”, he told media.

“Trends make it clear that Congress is forming Govt in Rajasthan with full majority, we had 21 seats last time. We should wait for the final numbers. Congress leadership and MLAs will decide who will get what role”, he said.

Regarding a new Chief Minister, Pilot said: “The Congress high command and the MLAs will collectively decide”.

WeForNews 

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Election

Congress leads in three BJP-ruled states, TRS in Telangana

In Mizoram, the ruling Congress was trailing to the MNF, whose candidates were ahead in 16 of the 40 seats. The Congress was ahead in five seats, losing as many as 10 seats.

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Assembly Election in 5 State

New Delhi, Dec 11 : Congress candidates on Tuesday took significant leads in BJP-ruled Rajasthan and was inching ahead of the BJP in both Madhya Pradesh and Chhattisgarh in Assembly elections held in five states.

Early trends from counting centres also showed that the Telangana Rashtra Samithi (TRS) appeared set to retain power in Telangana while the ruling Congress was lagging behind the Mizo National Front (MNF) in Mizoram in state elections that were widely dubbed a “semi-final” ahead of the Lok Sabha battle next year.

In line with exit polls, the Congress appeared to be returning to power after a five-year gap in Rajasthan, the country’s largest state which has not re-elected a ruling party in recent times.

Congress candidates were ahead in 87 of the 199 constituencies, gaining around 60 seats, while the BJP was leading in 70 seats but heavily losing in over 50 constituencies.

And in a reversal of trends, the Congress overtook the BJP in both Madhya Pradesh and Chhattisgarh. Both states the Bharatiya Janata Party (BJP) has ruled for 15 years.

Congress nominees were ahead of others in 75 seats and the BJP in 60 in the battle for the 230-member Assembly. While the Congress made major gains across the state, the BJP was losing many seats it has held for long.

In Chhattisgarh, the Congress was ahead in 44 of the 90 seats, giving a fright to the BJP, whose Chief Minister Raman Singh was at one time trailing in the vote count from Rajnandgaon before he overtook his rivals later.

BJP candidates were ahead in 25 seats in Chhattisgarh.

In Mizoram, the ruling Congress was trailing to the MNF, whose candidates were ahead in 16 of the 40 seats. The Congress was ahead in five seats, losing as many as 10 seats.

The TRS was poised to retain power in Telangana with a huge majority, with its candidates leading in 80 of the 119 seats, leaving the Congress-led alliance way behind.

Congress spokesperson Abhishek Manu Singhvi told the media that he was confident of a Congress victory in Rajasthan, Madhya Pradesh and Chhattisgarh and said he had “always been a little more pessimistic” about Telangana.

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Cities

Senior Congress leader C.N. Balakrishnan dead

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CN Balaakrishnan

Kochi, Dec 11 : Senior Congress leader and former Kerala Minister C.N. Balakrishnan died at a private hospital here due to pneumonia, party sources said on Tuesday. He was 87.

He died on Monday night, the sources said.

A long standing aide of former Kerala Chief Minister K. Karunakaran, Balakrishnan was the Thrissur district Congress committee president for 17 years and was also the treasurer of the state unit for long.

It was in 2011 that Balakrishnan first contested the polls and went on to become the state Cooperation Minister in the Oommen Chandy cabinet.

He is survived by his wife and two daughters.

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