Orders to seize DKShi's property soon: IT official

Bengaluru: A Income Tax Department official on Monday, January 7 said that the IT Department will soon issue orders to seize the property of  Minister DK Shivakumar.

Speaking to reporters, Director-General of Income-Tax (Investigation) B.R. Balakrishhnan said that the investigation on Shivakumar is in progress and the department we will soon be issuing orders to attach his property. However, he did not give any further information about the case, the value of the property to be seized and its location.

Shivkumar was then Energy Minister in the previous Congress government and is a lawmaker from Kanakapura Assembly segment in Ramaganaram district. He had declared assets worth Rs. 840 crore in his nomination papers for assembly elections in Karnataka. 

Tax officials had searched DK Shivakumar’s residence in early August 2017, when he was looking after then Congress legislators from Gujarat at a resort near Bengaluru.

On September 15, 2018, the Special Court for Economic Offences granted bail to DK Shivakumar and three others in a tax evasion case.