Published 17:02 IST, October 11th 2019
Siddhartha Medical College raided by IT on second consecutive day
The Income Tax (IT) raids have continued on Friday, on the locations linked to the Congress leader and former Deputy Chief Minister of Karnataka G Parameshwara
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The Income Tax (IT) raids have continued on Friday, on the locations linked to the Congress leader and former Deputy Chief Minister of Karnataka G Parameshwara. The IT officials raided the premises of Siddhartha Medical College in Bengaluru which is run by Sri Siddhartha Academy of Higher Education (SSAHE), a trust in which the former deputy CM is a Chancellor.
Karnataka: The Income Tax raids are continuing today at the premises of Siddhartha Medical College, in Bengaluru, which is run by a trust related to Congress leader and former Deputy CM G Parameshwara. https://t.co/aYFKERVbQI
— ANI (@ANI) October 11, 2019
About 5 crores cash seized in the raid
On Thursday, the Income Tax department conducted raids on as many as 30 premises, as per ANI, as part of its investigation into the alleged sale of government quota seats in the three institutes and about 5 crores of cash was seized, officials said. More than 300 Income Tax officials were a part of the raid on premises linked to two prominent Congress leaders in Karnataka - the former Deputy Chief Minister and former MP R L Jalappa's son J Rajendra. In the raid, officials seized accounting books and files from the offices of Sri Siddhartha Institute of Technology (SSIT) and Sri Siddhartha Medical College (SSMC) and also the residence of Parameshwara.
'Not worried as we have sufficient documents to prove innocence'
“I am not worried about the raid as we have sufficient documents to prove that we are not at fault. The institution was built by my father HM Gangadharaiah 50 years ago, and we did not have any other business,” Parameshwara told reporters. The institute was managed by Parameshwara's elder brother G Shivaprasad who passed away a year ago. After the passing of his brother, Parameshwara took over as the Chancellor.
A group of Parameshwara's supporters has staged a protest outside SSIT. The protestors claim that the raid is a politically motivated move as it comes at a time when the assembly sessions have just begun.
(with inputs from ANI)
12:40 IST, October 11th 2019