Congress party’s money bag man D K Shivakumar (DKS) is in the dock. Weeks after the intelligence agencies established his money trails with Delhi leaders Ahmed Patel & P Chidambaram the investigating agencies have got two valuable associates of Shivakumar who operated a hawala network for Shivakumar for the past decade.
Stunning revelations by the two associates of DKS, who turned approvers, reveal the money trails leading to Ahmed Patel and P Chidambaram for the past decade. The trail leads to P Chidambaram bid for Rajya Sabha seat from Karnataka wherein he promised to pay Rs. Two crores fee to each MLA via D K Shivakumar and the money was transferred through Shivakumar’s hawala network but due to opposition from the local Karnataka politicians, Chidambaram missed the boat. But later, he managed to make it to the Rajya Sabha from Maharashtra. All the money Chidambaram extracted from the infamous Reddy brothers of Bellary was transported by D K Shivakumar hawala network frequently. The cuts from all these deals were promptly transferred to Chidambaram and Ahmed Patel. It is natural that without the consent of the Congress High Command, Chidambaram and Ahmed Patel would not have engaged in these big operations.
Similarly, Ahmed Patel, D K Shivakumar, and the late Vilasrao Deshmukh were business partners, revealed the approvers to the investigators. The entire drama of Ahmed Patel’s Rajya Sabha seat was stage-managed by his close business associate D K Shivakumar by spending crores of rupees to please his masters in Delhi. The approvers have given full details of the “dirty money trail” spent by DKS to save Ahmed Patel’s Rajya Sabha seat. DKS used Sharma Transport Company extensively to facilitate money laundering. The investigation reveals Shivakumar’s overseas investment trail leading to Dubai and Singapore.
PGurus had reported last week about the financial intelligence agencies’ findings of the money trail of Shivakumar with Ahmed Patel and Chidambaram.
The authorities are compiling detailed information to book the corrupt politician under the new Black Money (Undisclosed Foreign Income and Assets) and imposition of Tax 2015 Act with Prevention of Money Laundering Act (PMLA) Act, 2002. D K Shivakumar is likely to be prosecuted under sub section (1) of section 139 of the Act for failure to furnish in return of income located outside India as the beneficial owner or otherwise or in which he was a beneficiary, at any time during such previous year, he shall be punishable with rigorous imprisonment for a term which may extend to seven years and with fine.
The investigations have picked up the pace with the charge sheet of P Chidambaram and family members. Already the Enforcement Directorate (ED) has prepared watertight case against Ahmed Patel with the arrest of Moin Qureshi, Gagan Dhawan, Sterling Biotech owners and it is likely that investigative agencies will soon catch corrupt D K Shivakumar for facilitating and maintaining a huge black money network of two of the most corrupt tainted politicians of the country.
In the third week of June, the Income Tax department filed a prosecution complaint against the Karnataka Congress leader and Water Resources and Medical Education Minister D K Shivakumar. In the complaint filed before the Special Court for Economic Offences, Bengaluru, the Income Tax accused Shivakumar of creating and operating a hawala network. Shivakumar has also been accused of buying a flat in Delhi to store unaccounted-for cash.
Apart from the main accused D K Shivakumar, the other four accused are Sachin Narayan, Sunil Kumar Sharma (owner of Sharma Travels), Anjaneya Hanumanthaiah (a state government employee at Karnataka Bhavan in Delhi), and Rajendra (ex-state government employee and presently working for Sharma). At many areas in the prosecution complaint, the Income Tax termed D K Shivakumar for operating hawala routing of loads of cash to Delhi’s Congress leaders for the past decade.
“Shivakumar set up an exclusive network of persons and premises across Delhi and Bengaluru in order to transport and utilise unaccounted cash. It is pertinent to note that unaccounted cash of Rs 8.5 crores has been found and seized in four premises of Delhi which are directly relatable to DKS. Three flats were purchased in Safdarjung Enclave. Among these flats, Flat No.107, B-2, purchased by DKS, and Flat No.17, B-4, was purchased by Sachin Narayan (Accused No.2) and Flat No.201, B-5, was purchased by late Suresh Sharma,” the Deputy Director of Income-Tax (Investigation), Income Tax Department, stated in the complaint.
The hawala agents-turned-approvers are spilling the beans to the agencies to save their skin. According to them Karnataka Bhawan in Delhi was the main cash chest apart from the homes of Shivakumar in Delhi. Apart from this, the next interesting thing would be the findings of the agencies of huge money trails from D K Shivakumar to media houses including prominent media personalities.
 D K Shivakumar ran hawala network, sent crores to AICC: I-T – Jun 21, 2018, NewIndianExpress.com