D K Shivakumar was raided by the Indian IRS Authorities. He is one of the richest politicians in the country with assets of more than Rs. 251 crores, including those of his wife and children and liabilities of over Rs 104 crore.
D K Shivakumar’s brother D K Suresh is Member of Parliament from Bengaluru rural and his cousin S Ravi is an Member of Legislative Council.
Certain investments linked to him in Singapore and few other foreign locations are also under the scanner of the department, they said, adding, some shell firms and their operatives allegedly linked to this case were being probed.
The Eagleton Golf Resort, where the Congress MLAs have been lodged to prevent their poaching by the BJP ahead of the August 8 elections to Rajya Sabha from Gujarat, was among the premises searched by tax officials.