Kalki Bhagwan's unaccounted wealth touches whopping Rs 800 crore


Daijiworld Media Network - Bengaluru

Bengaluru, Oct 22: The Income Tax department which raided the premises of self-proclaimed godman ‘Kalki Bhagwan’ has estimated his unaccounted wealth to be more than Rs 800 crore.

The initial estimate was Rs 409 crore. But after the raid at the group’s premises late Sunday night, the estimate is being revised. While Rs 409 crore was from unaccounted cash receipts, tax officials have found account credits of Rs 115 crore in HDFC Bank.

The bogus share capital is worth Rs 61 crore and foreign investments in Africa, Dubai and British Virgin Islands through hawala transactions cross Rs 100 crore.

The godman who calls himself to be the 10th avatar of Lord Vishnu has benami properties of 4000 acres.

The raid conducted by over 300 IT department sleuths lasted for 4 days and ended at 11 pm on Sunday. It was conducted simultaneously across Chennai, Hyderabad, Bengaluru and Varadaiahpalem near Chittoor along the Tamil Nadu-Andhra Pradesh border where the ashram’s headquarters is located.

A huge stash of cash was seized from the premises. However, the godman’s son NKV Krishna and daughter-in-law are reportedly not cooperating with the IT sleuths. They are refusing to answer questions as well as sign statements.

The 70-year-old godman had started an institution called ‘Jeevashram’ school in the mid-80s. He promoted an alternative form of education for his disciples and opened the 'Oneness University' at his Chittoor campus. The group runs residential training programmes in philosophy and spirituality, which are held through ‘wellness courses’.

The IT department received a tip-off that cash donations to the Trust are not accounted and used to fund other businesses. During the raid, 90 kg gold and other valuables were also seized.

  

Comment on this article

  • Rudolf Rodrigues, Mumbai

    Wed, Oct 23 2019

    Indians are lagging behind because of wasting time & money in following all sorts of babas and traditions & they will never ever improve to rational thinking!

    DisAgree Agree [6] Reply Report Abuse

  • k b r, Mangala Uru

    Wed, Oct 23 2019

    will the Government put him in Tihar jail

    DisAgree Agree [3] Reply Report Abuse

  • Shan, Udupi

    Wed, Oct 23 2019

    Most of the Indians are stupid and fools. They can fooled by these babies and accumulate lot of wealth. When I was small and I use to hear very rarely lacs but now each and news says 500 cores, 800 cores.

    DisAgree Agree [10] Reply Report Abuse

  • Indian, Dubai

    Wed, Oct 23 2019

    Dear Babaaaa
    Go quickly and join Bjppppp

    DisAgree [7] Agree [12] Reply Report Abuse

  • S N BANGs, Thannirubhavi

    Wed, Oct 23 2019

    Political Vendetta by Modi & Shah

    DisAgree [8] Agree [20] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Wed, Oct 23 2019

    Most of the Babas, Swamies, Gurus, have accumulated wealth from their fake profession and hood winking IT department. Some are taking active behind the screen role in politics too.

    DisAgree [1] Agree [18] Reply Report Abuse

  • Moshu, Mangalore

    Wed, Oct 23 2019

    India is the paradise of Andhbhakhts.

    DisAgree [2] Agree [32] Reply Report Abuse

  • Vinod, Mangalore

    Wed, Oct 23 2019

    All these Bhagwans and Babas are so rich... I am so jealous of them...

    DisAgree Agree [21] Reply Report Abuse

  • KS Mayya, Mangalore/Bangalore

    Wed, Oct 23 2019

    With that much money in the excess of US$ 100 million, he is no more Godman, he is a God himself. OMG.
    By the way, money received from the devotees is not taxable. But income from money invested from non-taxable amount is taxable.
    What a shame. On one hand, we do not have resources to provide basic needs (clean water, good roads and waste management), here we have people with Godly business storing money away in safe havens for their next avatar.

    DisAgree Agree [9] Reply Report Abuse

  • shobha, managlore

    Wed, Oct 23 2019

    Educated people only going to them and making them rich. They dont believe in god but believe in these types of godman.

    In every religion there are these types of people , fooling . I dont know why people believe these godmans. godmans do lot of money ,property in gods name. Government shud take strict action on all these types of people and also raid NGO'S, tRUST AND ALL, because these because keep money in NGO'S and TRUSTS.

    TAX SHUD BE LAID ON ALL NGO'S AND TRUSTS,THAT TIME OUR GOVERNMENT INCOME WILL INCREASE BY 200%.

    DisAgree [1] Agree [17] Reply Report Abuse

  • NR, mangalore

    Wed, Oct 23 2019

    Fighting each others for RAM Mandir, peoples making billions under god's name.
    we are fool.

    DisAgree [2] Agree [30] Reply Report Abuse

  • Prashant Karkera, Hejamady/Mumbai

    Wed, Oct 23 2019

    People of our country are foolish to worship such godman ....
    They even preach as, they are the only real gods and remove all other god's pictures from your house, don't worship them ....
    Government should strictly close all the godman's shops immediately ....
    confiscate all their wealth into government treasure ....

    DisAgree Agree [26] Reply Report Abuse

  • TK, Dubai

    Wed, Oct 23 2019

    I am also clerk in Dubai. I want to be a Godman and fool all Indians.

    DisAgree [2] Agree [41] Reply Report Abuse

  • John Tauro, M'lore

    Wed, Oct 23 2019

    You already fooled yourself by disclosing your plan in advance.

    DisAgree Agree [6] Reply Report Abuse

  • Ozy, Surathkal

    Wed, Oct 23 2019

    Who made him so rich, we foolish people of this country. I don't blame this god man alone, in every religion in the name of God loot is going on. Please educate people.

    DisAgree [1] Agree [40] Reply Report Abuse

  • Mangalurian, Mangaluru

    Wed, Oct 23 2019

    Religion is the opium of the people.

    So long as the people are stoned with this opium, a few smart ones will collect hundreds of crores.

    And if they give 10% of it as donations to political parties, they will be safe from most raids.

    It is an endless cycle: Opium --> religion --> politics --> opium.

    DisAgree [1] Agree [18] Reply Report Abuse

  • Sanjay, Hebri

    Tue, Oct 22 2019

    Any religion, if done wrong,evaded tax, has to face the music....bjp got setting a good governance at top. Hope this carries on.

    DisAgree [17] Agree [14] Reply Report Abuse

  • YOGI THUNTA, MANGALURU - NEAR PUMPWELL CIRCLE

    Tue, Oct 22 2019

    And the tax payer fly from POST TO PILLARS to save his money and he cant find a right place for him to hide his WHITE money !!

    DisAgree Agree [32] Reply Report Abuse

  • SmR, Karkala

    Tue, Oct 22 2019

    Originally known as Vijay Kumar, Kalki declared himself a godman after starting his career as a clerk in the government-owned Life Insurance Corporation of India. A 70-year-old controversial godman also faces charges of encroaching government land in Bengaluru.

    Officials have also unearthed evidence of Kalki’s undisclosed investments in tax havens like the British Virgin Islands, Dubai, and Africa. According to reports, there is also evidence of nearly 4,000 acres of land and Benami properties.

    The IT officials have also gathered the evidence for unaccounted cash receipts for Rs 409 crore. The documents seized from the raids also include undisclosed HDFC bank account credits to the tune of Rs 115 crore and unreconciled bogus share capital for Rs 61 crore.

    After PM Modi's pet project of 'Demonetisation,' Dan Jan Yojana adding more Babas in Forbes Billionaires list along with Ambani's and Adani's.

    While Kalki Bhagwan is making headlines, former Union minister Chinmayanand who has been booked under IPC Section 376C, a charge short of rape, the woman and three others face a separate case of trying to blackmail him enjoying a homestay with the luxury.

    Akhad Parishad who is also litigant in Babri Masjid case is in defense of rapist baba enjoying the top the class services from Yogi's BJP government on Home Minister and PM 's advice due to his strong connection and being served as junior Home Minister in Atal Bihari government.

    Why the CBI, ED, IT silent on BJP's loving Baba Chinmyanada rapist?
    How can Chinmyanda manage so many colleges in his name being baba?
    Jai Hind

    DisAgree [10] Agree [35] Reply Report Abuse

  • Santa, Padubidri

    Wed, Oct 23 2019

    SMR ,your comments are clear indication of your inclination to blame Modi for everything.Modi has attacked more self proclaimed Babas in 6 years than 70 yrs of congress who had no courage to touch them as they wanted the followers vote bank and also getting funds.Please note this Chinmayananda is not same as Chinmaya mission which is running lot of colleges .Please understand all mangoes are not Alphonso.
    You said all babas became rich after demonitisation.Rather they are exposed to reveal the wealth and account it.That is why IT is raiding them.Pleade be objective in your comments rather than one sided

    DisAgree [6] Agree [2] Reply Report Abuse

  • Jossey Saldanha, Atlanta

    Tue, Oct 22 2019

    I guess he has already joined BJP ...

    DisAgree [25] Agree [77] Reply Report Abuse

  • Feku Howdy, Mangalore

    Tue, Oct 22 2019

    That is why BJP has so many holy godmen and holy god women. Their deeds and life style speaks louder and hurtful to victims than their preaching. They are IT, ED, CBI raid proof and BJP is partner-in-Crime.

    DisAgree [14] Agree [62] Reply Report Abuse

  • sathish jm, Kumpala/Dubai

    Tue, Oct 22 2019

    When IT/ED raided on Congressmen, you all played different tune? Just wait and see whom and all he is associated with.

    DisAgree [18] Agree [26] Reply Report Abuse

  • Feku Howdy, Mangalore

    Tue, Oct 22 2019

    Whoever congress MPs been raided by IT, ED and CBI haven't surrendered to BJP and joined them. It's better to spent quality time in 7 star prison than face the fate of 17 MLAs. If this Godman joins BJP all his sins will be forgiven by sacred and holy BJP. Guaranteed.

    DisAgree [10] Agree [39] Reply Report Abuse

  • Jossey Saldanha, Atlanta

    Tue, Oct 22 2019

    For Rs. 800 Crore DKS was moved to Tihar ...

    DisAgree [7] Agree [53] Reply Report Abuse

  • Krish, Udupi

    Wed, Oct 23 2019

    Modi will not leave even god if he hv unaccounted wealth,

    Will he leave self-proclaimed godman then....

    DisAgree [13] Agree [11] Reply Report Abuse

  • ZAK, DXB

    Wed, Oct 23 2019

    Thats injustice to congressmen, what much can we expect from feku :(

    DisAgree [3] Agree [2] Reply Report Abuse

  • JNB, Bejai,Managlaore

    Wed, Oct 23 2019

    Then ask Modi to bring back Nirav Modi and Lalit Modi: LOL

    DisAgree [3] Agree [4] Reply Report Abuse

  • Chris, Tel Aviv

    Tue, Oct 22 2019

    Pathetic , making gods out of mere mortal men , better be a rice bag convert than call human beings as god .

    DisAgree [4] Agree [35] Reply Report Abuse

  • Candle Light, Mangalore / Toronto

    Tue, Oct 22 2019

    If you can accumulate wealth this way then why work .. " Choose your Career carefully I say "

    DisAgree [2] Agree [45] Reply Report Abuse


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