The CBI court in New Delhi, on Friday, has extended the Enforcement Directorate’s custody of DK Shivakumar until Monday, after the ED told the court that they needed more time as the questioning was yet to be completed. The senior Congress leader had been arrested by the ED on September 3, under the Prevention of Money Laundering Act (PMLA).
During the hearing on Friday, Assistant Solicitor General KM Nataraj told the court that DK Shivakumar and his family members collectively had 317 bank accounts. The ED also accused Shivakumar of laundering more than Rs 200 crore cash, and alleged that he and his family members acquired assets worth more than Rs 800 crores through tainted money.
The ED had arrested the Karnataka Congress President on the evening of September 3, 2019, after four days of questioning, for allegedly laundering money and for suspected transactions done abroad through shell companies.
Senior Advocate and Congress leader Abhishek Manu Singhvi, arguing in favour of Shivakumar, said that he must be granted relief on medical grounds as he is suffering from high blood pressure. He also said that Shivakumar had been given active medical assistance.
He also, while lashing back at ED’s demand for an extension of Police Custody, said that the ED cannot keep tracing the proceeds of the crime and that the accused being evasive cannot be a legal argument to seek remand.
On Thursday, his daughter, Aisshwarya was quizzed by the Enforcement Directorate for seven hours, as per sources who added that she was questioned on her Singapore visit which she made with her father in July 2017, and on the business transactions she made in Singapore and India. Even though, during his questioning, Shivakumar had claimed that it was a ‘business deal’, ED maintains that their trip is now under the scanner.
The ED also allegedly questioned her regarding her investment in a green energy company in Kolar and how she had increased her assets from Rs 1.08 crore to Rs 108 crore in a span of five years.