Kerala Kaumudi Online
Saturday, 16 January 2021 6.21 PM IST

Ahead of release from jail, VK Sasikala's assets worth 1,500 crore seized


CHENNAI: Three months to go before VK Sasikala -- the aide of the late Tamil Nadu Chief Minister J Jayalalithaa -- walks free, her assets to the tune of ₹ 2,000 crore have been frozen by the Income Tax department. The 69-year-old -- who was jailed in 2017 in a disproportionate assets case in which the late Chief Minister J Jayalalithaa was the prime accused -- may be released from Bengaluru's Parappana Agrahara jail by the end of January.
Her release is expected to come months before the Tamil Nadu state elections, due in May 2021.
Sources in the department said the action was in accordance with the Supreme Court order of 2017. It is not, however, known why the action was initiated so late. The assets seized are located in the Kodanad and Siruthavur areas of Tamil Nadu, the Income Tax department has said.

The IT department's action also comes on a day Deputy Chief Minister O Pannerselvam announced Chief Minister E Palaniswami as the Chief Ministerial candidate of the state's ruling AIADMK.
VK Sasikala cannot contest elections for two more years and in the days since she went to jail, the politics in her party and the state has vastly changed.

In the months after the death of Jayalalithaa in office, Sasikala took charge of the ruling AIADMK and even made attempts to take over as Chief Minister until she was sentenced to jail.

But now, Mr Panneerselvam and Mr Palaiswami are jointly controlling the party and the government.

Ms Sasikala's nephew TTV Dinakaran, whom she had placed in a key role before she was jailed, has exited AIADMK and formed his own party.

Last month, in reply to a query under the Right to Information Act, the Central prison authorities have reportedly said Sasikala would be released on January 27 if she pays the fine of 10 crore and 10 lakh rupees.

Her lawyer Rajasenthur Pandian, though, hopes she would be out as early as October 27.

"Every prisoner is eligible 3 days of remission for every month for good behavior and this way, for the 43 months she has served so far, her term would be reduced by 129 days. There is no reason to deny her," Mr Pandian told reporters.

Besides this, the Superintendent of Police or the Inspector General can remit 30 or 60 days respectively based on track record after two-thirds of the term is completed, he added.

Courtesy: NDTV

Lorem ipsum dolor sit amet
consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
We respect your privacy. Your information is safe and will never be shared.