Gold, unaccounted cash, cryptocurrency details seized in raid at ex-TN Minister Velumani’s premises
On Tuesday a fresh disproportionate assets case against AIADMK MLA and former municipal administration minister S P Velumani has been booked by the Directorate of Anti-Corruption and Vigilance (DVAC).
According to the first information report (FIR), Velumani and his family amassed Rs.58.2 crore wealth, disproportionate to the known sources of income, which constitutes 39.28% of his total income.
In a statement on Tuesday evening, the DVAC said it conducted searches at 59 places — 42 places in Coimbatore, two places in Tirupur, four places in Salem, nine places at Chennai, and one place each in Namakkal, Krishnagiri, and Tirupattur districts of Tamil Nadu and in Palakkad district of Kerala.
DVAC officials said that it was found that Velumani had made investments worth Rs.34 lakh in various cryptocurrencies. They also found 11kg gold, about 118.5kg silver, unaccounted cash of Rs.84 lakh, and other incriminating documents.
The former municipal administration minister’s foreign trips have also come under the scanner. The officials have found out that Coimbatore-based Velumani, had travelled to Singapore on three occasions in 2019 and stayed there for 14 days. He had also travelled once to Malaysia, Thailand, the Philippines, the United Kingdom, and the Maldives during his tenure as a minister and had stayed there for a total number of 32 days. Velumani’s wife Vidya Devi and their children Vikash and Sarangi had also gone on several foreign trips — individually as well as jointly — visiting Hong Kong, Malaysia, Thailand, UAE, Singapore, United Kingdom, Indonesia, Australia, and the Maldives. They had stayed in these places for a total of about 130 days.
Velumani was previously booked by the DVAC last year in August for illegally allotting tenders worth Rs.464.02 crore for Greater Chennai Corporation and Rs.346.81 crore from Coimbatore Corporation, to his relatives misusing his official powers when he was the minister.
[With Inputs from IANS]
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