No relief for DK Shivakumar as Delhi court dismisses bail plea in money laundering case
Congress leader DK Shiva Kumar’s bail plea was dismissed by Delhi Court on Wednesday. DK Shivakumar is currently in Tihar Jail, arrested by Enforcement Directorate in Money laundering case.
Special Judge Ajay Kumar Kuhar declined to grant any relief to Shivakumar, currently lodged in Tihar jail.
The ED had in September last year registered the money laundering case against Shivakumar, Haumanthaiah, an employee at the Karnataka Bhavan in New Delhi, and others.
The case was based on a charge sheet (prosecution complaint) filed by the Income Tax Department against them last year before a special court in Bengaluru on charges of alleged tax evasion and ‘hawala’ transactions worth crores.
The I-T department has accused Shivakumar and his alleged associate S K Sharma of transporting huge amount of unaccounted cash on a regular basis through ‘hawala’ channels with the help of three other accused.