V.K. Sasikala, a close aide of former Chief Minister Jayalalithaa, advanced a loan of ₹237 crore in illegal tender to a government contractor. The Hindu has accessed documents proving this, along with other documents showing she had purchased properties worth ₹1,674.50 crore using demonetized currency notes.
According to I-T sleuths, a search conducted on the premises of AIADMK organ ‘Namadhu MGR’, brought out by Jaya Publications, on November 9, 2017, led to the seizure of a loose sheet of paper containing handwritten notes of payments made to various persons.
On inquiry, the firm’s manager Balaji claimed that the sheet belonged to Sasikala’s close relative V.S. Sivakumar.
He also said that Mr. Sivakumar was the director of Harichandana Estate at T. Nagar in Chennai and that the latter used to visit the Namadhu MGR office at Ekkattuthangal frequently and check the accounts.
Subsequent probe revealed that the first entry in the loose sheet pertained to a commission of ₹7.5 crore paid for having facilitated the transfer of ₹237 crores in demonetized notes.
Sworn statement
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
‘Olympics Cancellation Likely If Vaccine Not Found In Time'
Further delays impossible, says Tokyo Games organising panel chief Mori
It's Wholesale Only At Koyambedu Market
Retail outlets to remain shut to bring down crowding.
Ministry Does U-Turn On Plasma Therapy
Treatment not proven: Health official
Trump's Bleach Statements Echo Claims By Pseudo-Scientists
‘Miracle cure’ quacks have long promoted industrial bleach to treat autism, malaria and many other medical conditions
U.S. May Seek Damages From China
President says many options on the table to hold Beijing accountable, draws an angry response
Koyambedu Market May Be Shifted Out
Decision likely at today's meeting of stakeholders; aim is to enforce physical distancing
Massive Spike Of 522 Cases In Maharashtra
On Monday, cumulative tally surged to 8,590 positive cases with 27 more deaths
The Script Of Disruption And A New Order
Across the globe, the geopolitical and geo-economic fallout of the COVID-19 pandemic could be serious
A Policy Road Map To Tackle Covid-19
The interest of each and the interests of all now coincide, not only within nations but for all humanity
ICMR Says No Payment Made For Chinese Test Kits Supplies
Alleged profiteering by distributors supplying the kits
