SC quashes ED case on money laundering against DyCM D K Shivakumar

New Delhi, Mar 5 (IANS): The Supreme Court on Tuesday quashed a money laundering probe initiated by the Enforcement Directorate (ED) against Karnataka Deputy Chief Minister D.K. Shivakumar.

A Bench presided over by Justice Surya Kant was hearing a special leave petition filed by the Congress leader against a decision of the Karnataka High Court refusing to quash the summons issued to him by the central anti-money laundering agency.

The ED initiated a probe against Shivakumar, Haumanthaiah, an employee at Karnataka Bhavan in New Delhi, and others under the Prevention of Money Laundering Act (PMLA) based on the charge sheet filed by the I-T Department.

During the probe, the ED discovered approximately Rs 200 crore unaccounted cash belonging to Shivakumar. The ED claimed that the money was parked in over 317 bank accounts across 20 banks, all under Shivakumar's control. The ED also alleged the discovery of benami properties worth over Rs 800 crore linked to Shivakumar.

Shivakumar was arrested in this case on September 3, 2019. However, he was granted bail by the Delhi High Court in October 2019. In May 2022, the ED had charge-sheeted him in the matter.

In his plea against the ED probe, Shivakumar contended that offence of criminal conspiracy cannot be invoked in the absence of predicate offence and offence under Income Tax Act not being a scheduled offence, proceedings under the PML Act cannot be continued.



Top Stories

Comment on this article

  • Sharavan, Mangalore

    Wed, Mar 06 2024

    Best strategy for BJP is to pouch DKS to their party and make him the next face of BJP in Karnataka.

    DisAgree [4] Agree [4] Reply Report Abuse

  • Alan, Mangalore/U.S.A

    Tue, Mar 05 2024

    But the E.D will not initiate a case against Vinod Adani brother of Gautham Adani for having a off shore shell company. Nirav Modi, Mehul Choksi & Mallya have given the slip and are enjoying life.

    DisAgree [3] Agree [18] Reply Report Abuse

  • Dev, Mangalore

    Tue, Mar 05 2024

    Few years back when ED attached properties of US headquartered company Amway India I had commented ED is corrupt and if any companies doesn't buy Electoral Bonds they get raided and harassed until they buy the bonds. Around 325 companies paid and got relief soon. Upright companies didn't pay and cases still exist. E D s conviction rate is less than 0.05 percent, It's only a tool in the hands of ruling party.

    DisAgree [5] Agree [34] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai -Mangalore

    Tue, Mar 05 2024

    Study the very recent SC judgement that moolah acquired through electoral bonds needs to be compulsorily declared before a certain day in this month of March!!

    DisAgree [2] Agree [25] Reply Report Abuse

  • T.DSilva, Udupi

    Wed, Mar 06 2024

    But, Thief always want a excuse, ....... to save Chor, darpok, Chaukidaar,..... SBI now requested five months of time to release the illegal electoral bonds details. Such shameless people are in power. PM fund swaha, electoral bonds swaha...

    DisAgree [2] Agree [8] Reply Report Abuse

  • Eddi, India

    Tue, Mar 05 2024

    Putting cases against anyone unnecessarily increase the burden on all courts. Courts should impose hefty fine on the petitioner irrespective of any political party including on ED/IT.

    DisAgree [6] Agree [37] Reply Report Abuse

  • Arjun, India

    Tue, Mar 05 2024

    Slowly and steadily time has come for him to join BJP ✌️

    DisAgree [35] Agree [6] Reply Report Abuse

  • RANGA, mangalore

    Tue, Mar 05 2024 one hates DKS in BJP..atleast in state BJP..Yeddi always blessed him, he openly said he want to see DKS as, tell me who is in tension with this SC guess..ruling also came in crucial time while discussion happening on 2.5 years CM..ED case only the hindrance for DKS..Dont under estimate political games..

    DisAgree [10] Agree [12] Reply Report Abuse

  • ayes p, kudla/ksa

    Tue, Mar 05 2024

    That means Central/BJP is misusing central agencies for opponents.

    DisAgree [8] Agree [35] Reply Report Abuse

  • D.Shetty, Mangalore

    Tue, Mar 05 2024

    no one is Doodh ka dhula..everyone knows how these all quash and bail happens and there is hefty money exchanges from hearing to bail.. common man wont be able to file case in SC

    DisAgree [5] Agree [24] Reply Report Abuse

  • G R PRABHUJI, Mangalore

    Tue, Mar 05 2024

    Next, , Sisodiya, will be free in Delhi.

    DisAgree [7] Agree [56] Reply Report Abuse

  • Sangram Sangam, Mangalore

    Tue, Mar 05 2024

    Jai DKS, salute him. The various central agencies' vendetta, pure political massacring. Now DK is victorious, he believed in the law of the land and judiciary. The only courageous and troubleshooter in Cong. All the best!!

    DisAgree [10] Agree [58] Reply Report Abuse

  • Clifford, Mangalore

    Tue, Mar 05 2024

    Proof of Felu and BJP misusing central agencies for their political gains and abusing opposition party leaders. I hope DKS sues both of them.

    DisAgree [11] Agree [55] Reply Report Abuse

  • John Tauro, M'lore

    Tue, Mar 05 2024

    Now it is proof SC not a stooge of BJP. But only charges of money laundering and criminal conspiracy are quashed, while those against unaccounted cash and benami properties are still being upheld.

    DisAgree [13] Agree [18] Reply Report Abuse

Leave a Comment

Title: SC quashes ED case on money laundering against DyCM D K Shivakumar

You have 2000 characters left.


Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will be held responsible.