D K Shivakumar may influence people in knowledge of his 'grave offence', ED tells court
New Delhi, Sep 16: The Enforcement Directorate claimed before the Delhi court on Monday that if released on bail, Congress leader D K Shivakumar may influence the persons who are in the knowledge of his "grave offence" of money laundering and are yet to be examined.
Opposing Shivakumar's bail application, ED told Special Judge Ajay Kumar Kuhar that the investigation was at a crucial stage and the release of the politician may destroy the important evidence.
The court is likely to hear arguments on the bail application tomorrow, when Shivakumar, arrested on September 3 by the ED, will be produced on expiry of his custodial interrogation.
The ED had in September last year registered the money laundering case against Shivakumar, Haumanthaiah, an employee at the Karnataka Bhavan in New Delhi, and others.
It had filed the PMLA case against him and others based on a charge sheet (prosecution complaint) filed by the Income Tax Department against them last year before a special court in Bengaluru on charges of tax evasion and hawala transactions worth crores of rupees.
The I-T department has accused Shivakumar and his alleged associate S K Sharma of transporting huge amount of unaccounted cash on a regular basis through 'hawala' channels with the help of three other accused.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Criticism of PM Modi, repeated mentions of guarantees to be highlights of K’taka Budget: LoP Ashoka
Bengaluru (PTI): Leader of Opposition in the Karnataka Assembly R Ashoka on Thursday took a dig at CM Siddaramaiah ahead of the state Budget presentation, claiming that the government is expected to borrow Rs 1.15 lakh crore and is likely to impose fresh taxes on the people.
He said the Budget would have nothing new, adding that its highlights would be criticism of Prime Minister Narendra Modi and repeated mentions of the five guarantee schemes ('Shakti', 'Gruha Lakshmi', 'Gruha Jyoti, 'Yuva Nidhi' and 'Anna Bhagya').
Chief Minister Siddaramaiah, who also holds the Finance portfolio, is scheduled to present the 2026–27 Budget on March 6. This will be his record 17th budget.
“Siddaramaiah-led Congress government’s budget will be presented tomorrow. While Finance Minister Nirmala Sitharaman reduced the tax burden in the Union Budget, Siddaramaiah is known for imposing taxes on people. He imposes about four taxes a month and has already introduced 36 taxes, and is now looking for ways to impose more,” Ashoka said.
Speaking to reporters, he said the Congress had promised people before coming to power that the guarantee schemes would be implemented without imposing any burden on them.
“By the end of the chief minister’s term, the state’s total debt will probably exceed Rs 6 lakh crore. The government has already breached financial discipline. Siddaramaiah and his government are somehow managing the situation,” Ashoka claimed, adding that his borrowings as CM equal those of 12 or 13 former chief ministers combined.
Stating that the Budget should create higher revenue sources, ensure that no burden is placed on people, and take the state away from debt, the opposition leader said this could be ensured only by a “clever and intelligent finance minister.”
“Anyone can run a government by pushing the state into debt,” he said, accusing Siddaramaiah of “increasing the state’s debt and failing to meet the expectations of the people.”
Highlighting that Siddaramaiah blames the previous BJP government for everything, Ashoka said Basavaraj Bommai, the chief minister during the previous BJP government, had presented a “surplus budget,” without excessive borrowings.
“Despite having the opportunity to borrow more while staying within the parameters of financial discipline, he (Bommai) did not do so, as it would burden the people,” he said, accusing Siddaramaiah of borrowing crores of rupees every year.
“I feel that this time too, he will take a loan of Rs 1.15 lakh crore,” he claimed.
The BJP leader said he had written to the CM requesting an allocation of Rs 15,000 crore annually for the development of backward taluks, as recommended by the High Power Committee on Redressal of Regional Imbalance (HPCRRI), chaired by economist Prof M Govinda Rao.
Claiming that the government appears “inactive” due to internal rifts, Ashoka pointed to an ongoing power struggle between factions led by Siddaramaiah and Deputy Chief Minister D K Shivakumar over the CM’s post.
“Amid all this, we cannot expect anything new from this Budget. The CM will repeatedly speak about the guarantee schemes and target the central government and PM Modi. Criticising Modi and repeated mentions of the five guarantee schemes will be the highlight of this Budget. Other than that, there will be nothing new,” he added.
He also dismissed the CM's claim that the government had achieved 90 per cent of the promises made in the previous Budget. “The fact is that not even 9 per cent has been achieved. I have evidence for it,” he said.
Ashoka further alleged that the government had also failed in tax collection, achieving only 48 per cent of the target, and had released less than 40 per cent of the allocated funds to some departments.
