D K Shivakumar stares at arrest as ED seeks evidence in Rs 2,000 crore demonetised notes case

The complainant further alleged that the minster's land was acquired from farmer farmers through benami deals.

The Enforcement Directorate is all set to step in to investigate a case relating to D K Shivakumar. An ED official confirmed to OneIndia that it has sought evidence following a complaint made against Karnataka's Energy Minister.

In a complaint, one Guruprasad alleged that the minister had given select people in his constituency at Kanakapura Rs 2 lakh each and got demonetised currency worth several crores of rupees converted into new currency. Kumar, with the help of two associates in Bengaluru, also got more than Rs 2,000 crore in demonetized notes converted through money laundering, he said in the complaint.

Kumar, as energy minister, made Rs 6,000 crore in the Rs 20,000-crore solar power project deal. The 1500MW project, touted to be Asia's biggest power project, has been proposed at Pavagada, Tumakuru district.

The complainant further alleged that the minster's land was acquired from farmer farmers through benami deals. They were paid small amounts and the same land was later leased to the Solar Power Corporation of India for a high amount.

ED officials who are in receipt of this complaint say that they have sought for further evidence. This is nothing related to the ongoing Income Tax raids on him, the officer further added. We will begin our probe soon once we finish with the preliminary rounds of inquiry the officer also informed.

If the evidence against the minister is strong, there is a good chance that he may be arrested as well.

The IT department does not have the powers to arrest him. However agencies such as the CBI and ED can carry out arrests.

OneIndia News