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Karnataka HC acquits Jayalalithaa in corruption case

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..... Karnataka HC acquits Jayalalithaa in corruption case - News and Press Release Dated:- 11-5-2015 - News - Former Tamil Nadu Chief Minister J Jayalalitha has been acquitted by the Karnataka High Court in an 18-year-old disproportionate assets case. The High Court today overturned a Bangalore Special Court order delivered on 27th Sept, 2014, sentencing the AIADMK leader to four years in jail, besid .....

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..... es a ₹ 100 crore fine. This clears the way for Jayalalithaa to return back as Chief Minister. Here's a quick rundown of what the case is all about. The case has been going on for the past 18 years, going back to 1996 when friend-turned-foe Dr Subramanian Swamy filed a complaint against J Jayalalithaa, who was out of power at the time, alleging corruption and accumulation of assets .....

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..... disproportionate to her known sources of income. The government at the time was Jayalalithaa s arch-rival Karunanidhi s DMK party, which directed the Vigilance department to file an FIR against the former chief minister based on a police investigation instigated by Swamy s private complaint. Jayalalithaa is accused of acquiring at least ₹ 66.65 crore in assets that could not be explained .....

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..... by her known income. Later the same year, a Chennai court added the names of her close aide Sasikala, foster son Sudhakaran and another aide Ilavarasi, to the case. Shortly after Jayalalithaa came back to power in 2002, the DMK moved the Supreme Court in early 2003 requesting the case be moved out of the state so that a fair trial could be had. The apex court agreed to the request and transf .....

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..... erred the trial to a Special Court in Bangalore, with the damning observation that a fair trial was not going on in the Chennai courts. B V Acharya was appointed named Special Public Prosecutor. The case dragged on in the court through 2011, when Jayalalithaa was again elected CM after a five-year break in power when the DMK was back in the saddle. In 2012, G Bhavani Singh replaced Acharya .....

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..... as Special Public Prosecutor, but was removed after Anbhazhagan, who had filed the original request for a special court, questioned the appointment. Singh, in turn, challenged the Karnataka government s decision in the Supreme Court and was reinstated. Shortly after, the special court judge Balakrishna retired, and John Michael Cunha took his place. The trial finally concluded on August 28, .....

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..... 2014, an agonising 18 years after it was first filed. On September 27, 2014, the special court found Jayalalithaa guilty of corruption under the Prevention of Corruption Act and sentenced her to four years in jail and a ₹ 100 crore fine. This resulted in Jayalalithaa going into custody for 3 weeks and also her resignation as CM immediately under the new Supreme Court guidelines for elected .....

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..... officials. But the latest acquittal order comes as a big boost for the AIADMK leader who is expected to return back as CM and consolidate her strong position in Tamil Nadu. Source:- The Business Standard - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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