Sekhar Reddy’s Diary Controversy: IT Issues Notices to EPS, OPS and 12 Former Ministers

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The income-tax officers have issued discover to the previous Tamil Nadu Chief Minister Edappadi Palaniswami, former Deputy Chief Minister O Panneerselvam and 12 former ministers in reference to a diary seized when the IT officers raided the residence of businessman Sekhar Reddy in 2016 and two of his associates quickly after when Prime Minister Narendra Modi introduced demonetisation of Rs 500 and Rs 1,000 in November 2016.

Reddy was a contractor on the Public Works Department. During the search, the officers seized over Rs 140 crore money and it was reported that over Rs 34 crore was seized within the then newly-printed 2,000 rupee notes, together with gold roughly weighing above 120 kg from varied locations in Chennai and Vellore districts. However, the CBI and the Enforcement Directorate registered circumstances in opposition to Sekhar Reddy for partaking in cash laundering and illegally hoarding the brand new 2,000 rupee notes.

Later, “Sekhar Reddy and his associates have been arrested by CBI and ED officers on prices of cash laundering”, The Hindu every day reported.

As the CBI’s Anti-Corruption Branch registered three separate FIRs relating to the seizure against the accused, while the Madras High Court quashed all the three FIRs for ‘want of evidence.’ Apart from this, a diary was seized when Income Tax officials raided the residence of Sekhar Reddy. Sources said the diary contains the names of 14 people, including former CM Edappadi Palaniswami and ex-deputy CM O Panneerselvam and former ministers including C Vijayabaskar, RB Udhayakumar, Sellur Raju, Thangamani, MC Sampath. The diary is also said to contain details of payments made to EPS, OPS and former ministers during the AIADMK regime.

In the meantime, the IT Department has summoned EPS, OPS and 12 former ministers seeking an explanation of the names in the diary seized from Sekhar Reddy’s residence. According to the department, Senthil Balaji, who left the AIADMK and is currently a minister in the DMK government, has also been summoned.

The department has issued a summons seeking clarification as the cases related to the raid at the residence were considered to be closed. “The CBI has found no evidence to prosecute industrialist J Sekhar Reddy and his associates in the sensational cash seizure case of 2016″, informed The Hindu. Earlier, the Andhra Pradesh authorities eliminated Sekhar Reddy as a member of the Tirumala Tirupati Devasthanam (TTD) board following the seizure of monumental money. Later, when the circumstances have been closed, he was again on TTD Board.

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