Friday, January 22, 2021

India: ED seeks 14-day custody of Congress leader DK Shivakumar in money laundering case

-

The Enforcement Directorate Wednesday sought 14-day custodial interrogation of Karnataka Congress leader D K Shivakumar, arrested in a money laundering case, in a Delhi court.

Shivakumar, arrested on Tuesday night, was produced before Special Judge Ajay Kumar Kuhar.

He was brought to the court after he underwent medical check up at Ram Manohar Lohia hospital here.

The ED told the court that Income Tax investigation and statement of various witnesses have revealed “incriminating evidence” against Shivakumar.

The agency claimed that he was “evasive and non-cooperative” during the probe and there was phenomenal growth in his income when he was in an important position.

Related: India: Congress leader DK Shivakumar arrested by ED in money laundering case

It said his the custody is required as he has to be confronted with voluminous documents and to unearth illegal properties.

Custodial interrogation of Shivakumar was necessary as some facts are in his personal knowledge, the ED said, adding that he tried to misguide the investigation.

It said Shivakumar’s interrogation was needed to ascertain the source of money and unearth the modus operandi and that he did not explain cash seized in search.

Additional Solicitor General K M Natraj and advocate N K Matta are representing the ED, while senior advocates Abhishek Manu Singhvi and Dayan Krishnan are appearing for 57- year-old Shivakumar.

NEWSLETTER

Get our daily notification on the latest financial crimes news around the World

MUST READ

- Affiliate Products -

Advertisement
Advertisement

This Week

Enable Notifications    OK No thanks