I-T freezes 100 bank accounts of Sasikala kin

Chennai Nov 12: In a huge blow to shasikala and TTV Dinakar the IT -Department has frozen 100 bank accounts of shell companies managed by Jaya TV MD Vivek Jayaraman, a nephew of convicted Sasikala.

The action comes after three days after I-T searches commenced at 188 properties owned by Sasikala, her extended family members and associates in Tamil Nadu, Puducherry, Bengaluru, and Hyderabad.

The Department has also seized Rs 6 crore in cash,8.5 kg gold and documents relating to investments worth Rs 1,200 crore of unaccounted money.

These valuables were recovered from women's college owned by Sasikala's brother V Dhivaharan at Mannargudi.

Senior IT officials have said that "We froze 100 bank accounts after we found that they belong to 20-odd shell companies. Crores of rupees were deposited in them soon after demonetisation was announced last year. The accounts were being operated by Vivek Jayaraman."