The Enforcement Directorate has summoned Congress leader and former minister DK Shivkumar’s daughter on Thursday in a money laundering case involving her father. She has been asked to be present before the ED on September 12. The ED is investigating her trips to Singapore with her father DK Shivakumar in 2017.
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The Income Tax department had found certain cross-border transactions which DK Shivakumar and his daughter couldn’t provide a satisfactory explanation to. The Enforcement Directorate believes that these transactions could be hawala transactions and therefore they have summoned Shivakumar’s daughter for questioning.
The alleged money laundering by DK Shivakumar came to light after raids by the Income Tax officials on August 2, 2017, at four flats in New Delhi, which led to the seizure of unaccounted cash worth Rs.8.59 crore without evidence of its source of income. These flats were linked to Shivakumar and associates Sachin Narayan and Sunil Kumar Sharma.
Another two associates, Anjaneya Hanumanthaiah and N Rajendran, employees of Karnataka Bhavan in New Delhi, had allegedly stored the cash in the flats on behalf of the Congress leaders. They had said that they were handling the money of Shivakumar, but later they had retracted their statements.
The I-T Dept had also revealed that Shivakumar and his associates had used hawala channels to transport unaccounted money on a regular basis. “Accused number 1 (Shivakumar) has set up an extensive network of persons and premises across Delhi and Bangalore in order to transport and utilise unaccounted cash”, the department had said in its complaint submitted at the Special Court for Economic Offences in Delhi.