The Central Bureau of Investigation recovered Rs. 57 lakh during the raids conducted in 14 locations spread acoss Karnataka, Mumabai and Delhi, including the residence of Karnataka Pradesh Congress Committee President D.K. Shivakumar’s on Monday.

On Monday itself, CBI registered a against the Congress stalwart Shivakumar in connection with an asset disproportionate case of worth Rs. 74.93 crore.

This raid is a continuation of BJP`s vendetta politics against me

Congress was fighting on behalf of people ever since Corona & exposing the failures of BJP Govt

Such raids wont stop me from fighting against injustice

We will win against such tactics in the court of the people

— DK Shivakumar (@DKShivakumar) October 5, 2020

Speaking to the media after the search concluded, Shivakumar said, “I want to ask the CM one thing. You have given permission to the CBI to conduct a probe. So why was the FIR registered on September 30? Why could they not do it before? Why did they do it after I announced my plans to protest?”  DK Shivakumar said, while referring to the announcement that he would spearhead the protest in Bengaluru in connection with the Hathras rape case. 

He said that the CBI found Rs 1.47 lakh at his residences and nothing more. He said that the reports that a huge amount of cash was found was false. When asked about the CBI’s statement about the allegation of disproportionate assets, he said, “Let them hang me then. The property value has increased since I purchased it. They are asking market value. CBI has given a check period from 2013 and 2018. Let them investigate. I don’t mind. I am a law-abiding citizen.” 

The CBI launched a probe against Shivakumar after the Enforcement Directorate shared information related to his finances with the agency. The ED is probing the money laundering case against Shivakumar. The ED had arrested him in September 2019 and he was in Tihar Jail for 51 days before the Delhi High Court granted him bail. 

The ED had accused Shivakumar of laundering black money through various proxies including his family members and close associates.  

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