Money laundering case: After DK Shivakumar, ED grills Apex co-operative bank president
Days after the Enforcement Directorate arrested Karnataka Congress leader DK Shivakumar in connection with a money laundering case, the ED, on October 9, questioned the president of Karnataka State Apex Co-operative Bank.
New Delhi: The Enforcement Directorate (ED) on Wednesday questioned the president of Karnataka State Apex Co-operative Bank in connection with the money laundering case filed against Congress leader DK Shivakumar.
The investigating agency had summoned KN Rajanna to investigate his role in sanctioning loans to a sugar firm owned by a close associate of Shivakumar.
Shivakumar was arrested on September 3 and will be in the judicial custody in Tihar jail till October 15.
A money laundering case was registered against Shivakumar by the ED in September last year, based on a complaint filed by the Income Tax department, alleging tax evasion, hawala transactions running into crores.
In the last hearing, the court had allowed ED to interrogate Shivakumar on October 4 and 5 inside the jail.
Earlier, his brother and Congress lawmaker DK Suresh was also summoned by the ED in connection with the case.
Reacting to Suresh's notice by the ED, Karnataka deputy chief minister Ashwath Narayan said that these events should not be politicised as Shivakumar's case is under law and order.
Stating that all are equal before the law, Ashwath Narayan further added that if every incident is politicised, people would lose faith in the government.