India

I-T dept freezes Jaya’s close aide Sasikala’s Rs 2,000 crore assets

PNS

The Income Tax Department on Wednesday froze assets worth Rs 2,000 crore owned by former Tamil Nadu Chief Minister J Jayalalithaa’s close aide VK Sasikala under the Benami Transactions (Prohibition) Act.

The frozen assets include two properties worth Rs 300 crore located in Siruthavur and Kodanadu, both registered in the name of Jaya’s aide Sasikala, her sister-in-law Ilavarasi and VN Sudhakaran.

The Benami Prohibition wing of the I-T department also pasted notices outside the attached properties.

“Income Tax Department today attached assets belonging to former CM J Jayalalithaa’s aide Sasikala in Kodanad and Siruthavur areas of Tamil Nadu. Assets worth Rs 2,000 crore frozen,” the Income Tax Department said in a statement.

VK Sasikala and her two relatives - Illavarasi and Sudhakaran - are currently serving a four-year sentence in a disproportionate assets case.

Siruthavur is on the outskirts of Chennai and Kodanad is in the Nilgiris.

The move comes in the wake of the Benami Prohibition wing in Chennai earlier provisionally attaching properties in and around Chennai worth Rs 300 crore.