Jaya case: Court likely to rectify arithmetic errors

Bengaluru, May 13: The arithmetic errors in the Jayalalithaa verdict are likely to be corrected by Justice Kumaraswamy. Sources tell Oneindia that the High Court is likely to make the corrections as has been alleged by the Special Public Prosecutor.

However there is no indication as of now whether Justice Kumaraswamy would make those arithmetic corrections suo motu (on his own) or will he wait for an application to be filed in this regard.

Special Public Prosecutor B V Acharya had alleged that there was an error in calculations by the High Court while computing the loans taken from the banks Jayalalithaa. The court had wrongly calculated the loan amounts taken by the accused and their firms from nationalized banks.

The amount of loan taken was calculated at Rs 24.17 crore, when in reality the actual sum was Rs 10.67 crore. This was added to the income and as a result the same was boosted up to Rs 18.17 crore.

The court had also had deducted Rs. 5.99 crore. This amount was accepted by the by the prosecution as known income, Acharya also said.

Had this amount been calculated correctly the loan amount would have risen only by Rs 4.68 crore, he also informed. The value of the disproportionate assets would have been Rs 16.32 crore and not Rs 2.82 crore. The total income would be Rs. 21.26 crore instead of Rs. 34.76 crore.

These miscalculation of figures led to the acquittal of Jayalalithaa. The court had held that the quantum of disproportionate income was below 10 per cent of the total income and as per the guidelines of the Supreme Court, this could be ignored, Acharya also points out.

OneIndia News