Karnataka Minister DK Shivakumar tried to buy 5-acre Palace Grounds via benami: I-T department

The Income Tax department, had conducted a series of raids on state Energy Minister DK Shivakumar, has revealed that he entered into a deal to buy a 5-acre parcel of land in Bengaluru’s Palace Grounds

Published: 10th December 2017 02:47 AM  |   Last Updated: 10th December 2017 12:31 PM   |  A+A-

Minister DK Shivakumar and his family members at the Income Tax Office in Bengaluru on Monday | Nagesh Polali

Express News Service

BENGALURU: The Income Tax department, which had conducted a series of raids on state Energy Minister DK Shivakumar, has revealed that he entered into a deal to buy a 5-acre parcel of land in Bengaluru’s sprawling Palace Grounds in June 2017.

I-T officials said they have documents that reveal Shivakumar allegedly used two persons, including a relative, as a front to purchase part of the disputed land belonging to Vishalakshi Devi, a member of the Mysore royal family. They said Rs 5 crore was already paid. The Supreme Court, in its interim order, has barred the royal family from selling any land.

After seizure of the documents, I-T officials passed the provisional order of attachment of five acres under Section 24 (3) of the Prohibition of Benami Property Transactions Act, rented out on June 28, 2017, to Shashikumar, a relative of Shivakumar, out of 28 acres belonging to Devi. Shashikumar is the husband of Shivakumar’s wife’s sister.

Devi challenged the provisional order of attachment before the High Court which said the property will continue to be attached till the petition is considered and disposed of. This was after the I-T department filed the statement of objections to Devi’s petition. It said an MoU and agreement, both dated June 28, 2017, were entered into by Devi with Shashikumar. The transaction was held two months before the I-T raid on Shivakumar’s premises.

In his statement to I-T department, Shashikumar admitted to a payment of `1 crore to Devi and said it was provided by one Chandrashekar Sukhapuri. Similarly, Devi also admitted that of the Rs 5-crore transaction, Rs 1 crore was paid as cheque by Shashikumar and Rs 4 crore in cash which was delivered by Chandrashekar on behalf of Shashikumar.

She further stated there was no communication with Shashikumar for the negotiation and the entire transaction was coordinated by Chandrashekar on instructions of Shivakumar. Chandrashekar in a statement on oath has admitted to paying Rs 4 crore in cash to Devi, after receiving it from the minister’s Private Secretary Shridhar and Personal Assistant Shankar.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp