I-T claims recovering unaccounted assets worth Rs 300 crore from Shivakumar, Karnataka minister to answer with papers
Of this, Rs. 100 crore, including Rs. 15 crore worth of cash and jewels, are said to be in the possession of Shivakumar while his name is associated with the rest of the assets worth Rs. 200 crores.
BENGALURU: As the income-tax raids on the properties of Energy Minister D K Shivakumar and his relatives ended on Saturday morning, the man in the eye of the storm refused to comment much on the exercise that stretched over three days.
“The truth will come out,” said Shivakumar, even as I-T department sources claimed to have unearthed “unaccounted assets” worth Rs 300 crores. Of this, Rs 100 crores, including Rs 15 crore worth of cash and jewels, are said to be in the possession of Shivakumar while his name is associated with the rest of the assets worth Rs 200 crores. Officials added that figures were bound to rise after the documents were carefully scrutinised.
Before the 2013 Assembly election, Shivakumar had declared assets worth Rs 251 crores, making him one of the richest politicians in the country.
An unfazed Shivakumar, who visited a temple on Saturday morning before joining the 44 Gujarat Congress MLAs at Raj Bhavan to meet Governor Vajubhai Vala, said, “I have always respected the Constitution and been under the confines of the law. Let the panchanama be prepared and then I will answer all questions .”
He later escorted the MLAs to the Vidhana Soudha and took them on a tour of the building.
Shivakumar also apologised for the remarks made by his mother against Chief Minister Siddaramaiah, saying they were made inadvertently. He added that Siddaramaiah had always supported him.