New Delhi / DK Shivakumar granted bail in money laundering case on surety of ₹25L

Delhi High Court on Wednesday granted bail to the Karnataka Congress leader DK Shivakumar on a personal bond of ₹25 lakh in connection with a money laundering case. Shivakumar is currently lodged in Tihar jail as his bail plea was rejected by the trial court earlier. The leader was arrested by the Enforcement Directorate on September 3.

Hindustan Times : Oct 23, 2019, 04:17 PM
Congress leader DK Shivakumar, who was in Tihar in connection with a money laundering case, was on Wednesday granted bail by the Delhi high court on a surety of Rs 25 lakh.

Earlier in the day, Congress interim president Sonia Gandhi reached Tihar jail to meet Shivakumar, her party’s lead troubleshooter in Karnataka arrested.

Shivakumar had played a key role to shelter the Congress’s Gujarat lawmakers ahead of a crucial Rajya Sabha election in 2017, sequestering them at his resort in the outskirts of Karnataka capital Bengaluru. It is around this time that the income tax authorities raided properties linked to Shivakumar.

In these raids, the income tax department officials said they had seized unaccounted cash of Rs 8.82 crore from his Delhi house. DK Shivakumar was arrested by the Enforcement Directorate on September 3 in a money laundering case based on a complaint filed by the tax department in September 2018 alleging hawala transactions and tax evasion.