ED summons DK Shivakumar's daughter in money laundering case
The probe agency, which already has DK Shivakumar in custody for interrogation, has called his daughter for questioning on September 12.
Enforcement Directorate has summoned the daughter of Congress leader DK Shivakumar for questioning on September 12 in Delhi. DK Shivakumar along with his daughter had travelled to Singapore for a business deal in July 2017 which is now under the scanner of the probe agency.
The ED has also questioned Sachin Narayan, an alleged close associate of Congress leader DK Shivakumar in connection with money laundering case. Sachin Narayan and DK Shivakumar are business associate and were common directors in Zeus constructions Pvt Ltd till 2014 and also in Dollars Construction private limited.
The probe agencies believe that DK Shivakumar used business of Sachin Narayan to make it difficult for the authorities to identify his unaccounted cash transactions. In this regard, they set up a company called Zeus Construction Pvt Ltd, of which DK Shivakumar became a director and made Sachin Narayan his wife Priyanka Sachin as one of the Directors, said a source.
The company is involved in architectural, engineering and other technical activities. Zeus Construction Pvt Ltd purchased a flat at Safdarjung Enclave in New Delhi in the financial year 2016-17. By that time, DK Shivakumar had resigned from the company. The object of purchasing the flat was to store the unaccounted cash and entertain the guests of the Congress leader. On conducting search and seizure, cash worth Rs 1,37,36,500 was found in this premises which are directly attributable to DK Shivakumar, claims the probe agency.
The ED has also come across several financial transactions between DK Shivakumar and Sachin Narayan.
The ED had in September last year registered the money laundering case against Shivakumar, Haumanthaiah, an employee at Karnataka Bhavan in New Delhi, and others.
The ED had filed the PMLA case against him and others based on a charge sheet (prosecution complaint) filed by the Income Tax Department against them last year before a special court in Bengaluru on charges of alleged tax evasion and hawala transactions worth crores.
The I-T department has accused Shivakumar and his alleged associate SK Sharma of transporting a huge amount of unaccounted cash on a regular basis through 'hawala' channels with the help of three other accused.
(With inputs from PTI)