ED arrests DK Shivakumar in money laundering case

Image
ANI General News
Last Updated : Sep 03 2019 | 9:10 PM IST

The Enforcement Directorate on Tuesday arrested Congress leader DK Shivakumar in connection with an alleged money laundering case.

On August 29, the Karnataka High Court had dismissed his petition challenging the summons issued by the ED in December 2018.

Later that night, he was summoned by the law enforcement agency under the Prevention of Money Laundering Act (PMLA) and was asked to appear before it on August 30, following which he was interrogated for four days.

The 57-year-old leader had earlier asserted that he has not done anything wrong and will fully cooperate with the investigating agency.

"It is all a conspiracy. I have not made any mistake, murder or indulged in corruption. The money you found is my money and I earned it," he had said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 03 2019 | 8:58 PM IST

Next Story