Supreme Court Drops DK Shivakumar Money Laundering Case

Today, the Supreme Court of India dismissed a case of money laundering that had been made against the Congress leader in 2018. The case had been launched in 2018. Karnataka’s Deputy Chief Minister DK Shivakumar, who is competing in Lok Sabha elections, is experiencing a great sense of relief as a result of this decision. In this particular instance, allegations of tax evasion and hawala transactions amounting to crores were proposed as possible explanations.

According to the findings of this inquiry, the leader of the Congress party was taken into custody by authorities from the Enforcement Directorate (ED) in September 2019. The following month, the Delhi High Court announced that it had granted bail to this particular individual. Following that, Mr. Shivakumar made a statement in which he asserted that he had full faith in the court system and accused the BJP of harboring a political vendetta against him.

During the year 2017, the Income Tax office carried out raids on locations that were discovered to have connections to the Congress leader and his cronies. This ultimately resulted in the inquiry that the ED carried out against the leader of the Congress party. In the past, officials had previously indicated that the raids had led to the recovery of cash that amounted to about ₹ 300 crore. Mr. Shivakumar responded by stating that the funding was associated with the Bharatiya Janata Party (BJP), which is an Islamic political party.

“Question of whether 120B IPC can constitute a predicate standalone offense to enable ED to invoke PMLA has already been decided by the Supreme Court,” the court declared earlier in the day.

Criminal conspiracy, which is defined as a violation of section 120 B of the Indian Penal Code, shall only be considered a scheduled offense under the Prevention of Money Laundering Act if the claimed conspiracy intends to commit an offense that is specified in the Schedule to the Act, as stated in a decision that was handed down by the Supreme Court in November of the previous year. This decision was handed down by the decision that was handed down by the Supreme Court. ED has requested that this decision be reviewed for further consideration.

According to a statement made by the court today, the agency is permitted to use its right to see a recall of today’s order if the review request is granted.

As of the year 2019, Mr. Shivakumar has submitted a petition to the Karnataka High Court, demanding that the summons that had been issued by the ED be thrown out. It was only after he realized that there was no way out of the situation that he went to the Supreme Court.

An additional corruption case that has been brought against Mr. Shivakumar is currently at the heart of a significant political conflict in the state of Karnataka by this time. Siddaramaiah’s administration has decided to remove the sanction that had been imposed on the Central Bureau of Investigation (CBI) to probe the case. This decision was made by the administration. Before the Congress party assumed power in Karnataka, the central agency, which was granted permission to proceed with the case, has now launched a court challenge against the action taken by the new administration. This challenge is being brought against the action that was taken.

Mr. Shivakumar has been accused of being harassed on many occasions by the Bharatiya Janata Party (BJP), which is accused of exploiting central agencies. As reported by NDTV, Mr. Shivakumar referred to the order that was granted today as a “big relief” in his response to the order. There have been several issues that I have been dealing with. The statement that he made was that “today is one of the best days of my life.”

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