V.K. Sasikala, a close aide of former Main Minister Jayalalithaa, highly developed a mortgage of ₹237 crore in illegal tender to a govt contractor.The Hinduhas accessed files proving this, alongside with other documents displaying she experienced acquired properties worthy of ₹1,674.fifty crore using demonetised currency notes.
In accordance to I-T sleuths, a search done on the premises of AIADMK organ ‘Namadhu MGR’, brought out by Jaya Publications, on November 9, 2017, led to the seizure of a free sheet of paper containing handwritten notes of payments manufactured to numerous individuals.
On inquiry, the firm’s supervisor Balaji claimed that the sheet belonged to Sasikala’s close relative V.S. Sivakumar.
He also stated that Mr. Sivakumar was the director of Harichandana Estate at T. Nagar in Chennai and that the latter utilized to check out the Namadhu MGR office environment at Ekkattuthangal commonly and check out the accounts.
Subsequent probe uncovered that the very first entry in the unfastened sheet pertained to a fee of ₹7.five crore paid for possessing facilitated transfer of ₹237 crore in demonetised notes.
In a sworn assertion made to the I-T section, Mr. Sivakumar reportedly conceded that the be aware was penned by him and spelled out the total transaction in depth. He claimed that Sasikala questioned him to fulfill her at Apollo Hospitals, the place Jayalalithaa was remaining treated, after demonetisation was announced by the Centre on November 8, 2016.
Then, she instructed him to maintain conversations with T.S. Kumarasamy of Christy Friedgram Market of Tiruchengode, a company that supplies groceries for the noon food plan, carried out in federal government and aided faculties in the Condition, for changing the demonetised forex notes worth ₹240 crore into new forex notes in the denomination of ₹2,000.
As per her instructions, the modalities were talked over and it was agreed that Mr. Kumarasamy must return ₹240 crore within a calendar year in new forex notes or pay back interest at the amount of 6 % for each annum. On the other hand, the deal could be finalised only near to December 31, 2016, the last day for people and private corporations to deposit demonetised notes in their bank accounts.
On December 28, 2016, Mr. Sivakumar was offered the key to a constructing owned by Cottage Discipline Resorts Non-public Constrained at Vannier Street at T. Nagar in Chennai and was asked to transfer the cash stacked over there in various cartons. He handed in excess of ₹101 crore on December 29, 2016 and another ₹136 crore on December 30, 2016 to associates of Mr. Kumarasamy.
However the deal was to transfer ₹ 240 crore, Mr. Kumarasamy claimed, only ₹237 crore got transferred and consequently each the events agreed that it would be sufficient if he returns the latter sum in new forex notes inside of a calendar year or shell out desire thereafter.
Since Jayalalithaa died on December 5, 2016, the transfer was purchased exclusively by Sasikala, Mr. Sivakumar stated. Armed with these two statements, the I-T sleuths raided the premises of Christy Friedgram Industries on July five, 2018 and obtained a sworn statement from Tirupathy, the brother-in-legislation of Mr. Kumarasamy, on July 7, 2018 and he way too reportedly conceded that he facilitated the transfer of the outdated demonetised currency notes to Kumarasamy in Tiruchengode.
He explained to the officers of obtaining been given a cellular phone get in touch with from Mr. Kumarasamy to obtain the money from Mr. Sivakumar and transport it to Tiruchengode properly and confidentially. Thereafter, he acquired an additional get in touch with from Mr. Sivakumar asking him to arrange for “two tempo 407 vehicles” and meet him at Teynampet at 12 am on December 28.
“However, I advised him that I simply cannot make arrangement of motor vehicles here in Chennai and instead I would make an arrangement from Tiruchengode due to the importance of the confidentiality (sic). Due to the fact, there was no other alternative, he agreed. Then, I identified as my brother Shri Valleeswaran alias Thangam who is in Tiruchengode and questioned him to deliver two vehicles immediately with confidential drivers.
“Accordingly, he sent two TATA-407 autos, which achieved Chennai only by close to 5.30 am. “As for every the guidelines of V.S. Sivakumar, we parked the vans in close proximity to the SIET college at Teynampet in Chennai. One by one particular the hard board boxes were being loaded in the vans and moved to Tiruchengode.” He claimed they escorted the loaded autos till the outskirts of Chennai.
The I-T office had issued a observe to Sasikala on Oct fifteen this 12 months and requested why a total of ₹ one,911.fifty crore ought to not be declared as her undisclosed income.
Aside from this, the sleuths discovered that various crores of rupees in black income experienced been converted into white by publishing adverts in 4 specific publications introduced out by Jaya Publications all through the beginning anniversaries of former Main Ministers C.N. Annadurai, M.G. Ramachandran and Jayalalithaa and also for AIADMK’s anniversary each yr.
Although those commercials had been issued in the names of AIADMK party functionaries, most of them had denied possessing issued them.
Further more, the workforce of Jaya Publications disclosed the overall modus operandi adopted by the organization.
“From the above specifics, it is distinct that you have routed your individual unaccounted income as ad earnings,” the recognize read.
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