Former CM Jayalalitha's close aid Sasikala's property worth crores get seized
Former CM Jayalalitha's close aid Sasikala's property worth crores get seized
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Politics change after a senior leader dies. Recently, the Income Tax Department has begun seizing properties worth Rs 300 crore belonging to VK Sasikala, a close aide of former Chief Minister J Jayalalithaa. The properties include land opposite Jayalalithaa’s Veda Nilayam residence in Poes Garden. According to a leading daily, the properties were acquired by Sri Hari Chandana Estates Private Ltd, whose directors are kin of Sasikala. However, upon investigations, officials said that the company had no business nor money flow. 

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As per the reports of a leading daily the list consists of at least 65 properties registered in Sasikala’s anonymous names. A bungalow is being constructed on the land opposite to Veda Nilayam, where Sasikala is expected to live after she is released from the Bengaluru Parappana Agrahara prison. In 2017, the officials from the Income Tax Department had conducted searches in over 180 properties belonging to Sasikala and her family. The raided locations were scattered across Tamil Nadu and Puducherry including the offices of AIADMK mouthpieces Namadhu MGR and Jaya TV.

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Search operations were also conducted at the same time in the residences of Sasikala’s husband M Natarajan, Kodanad Tea Estate owned by Jayalalithaa, Jazz Cinemas, Sharada Paper and Boards office, Midas Distilleries, Senthil Group of Companies and Nilgiri furniture shop in Coimbatore. The authorities had, reportedly, unearthed tax evasion of around Rs 1430 crore during the raids which involved at least 1800 officials from the department. The officials had also seized Rs 7 crore cash and Rs 5 crore worth jewelry during the search operations.

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