Jaya TV I-T raids: 28-year-old Vivek Jayaraman under scrutiny
Sasikala's 28-year-old nephew, Vivek Jayaraman is the youngest "big fish" that the I-T department is after. Until now, I-T officials have allegedly stumbled upon Rs. 1430cr of undisclosed income in their raids on Sasikala-linked establishments; this figure might increase after documents are scrutinized. Jayaraman, Jaya TV's managing director and Jazz Cinemas' CEO, is one of the persons being probed. Here's more!
Vivek's mother, Ilavarsi is in jail serving a four-year sentence in the disproportionate assets case with Jayalalithaa's close aide, Sasikala. Vivek's father is Sasikala's brother, Jayaraman, who died of electrocution while tending a grape garden owned by Jayalalithaa. Following Jayaraman's death, Jayalalithaa shifted his entire family to her residence, Poes Garden. Jayalalithaa was fond of Vivek, ensuring that he received the best education.
While talking to reporters for the first time, Vivek said I-T sleuths asked various questions related to the companies headed by him and jewels worn by his wife during their wedding. He said he had accounts of the jewels, which will be submitted to the department. He, however, refused to comment on the raids saying, "Let's not hype up what is not true."
Unlike his cousin TTV Dhinakaran who has been criticizing the Centre and state government for campaigning against Sasikala's family, Vivek denied that the raids were politically motivated. He said I-T department was doing its duty and citizens are answerable to them. He further asserted that it is every citizen's duty to pay taxes; if anyone violates the law, they are "liable" to face action.
Apart from Vivek's residence and offices, I-T officials also raided his sister's house and the Bengaluru residence of AIADMK Karnataka head Pugazhenthi, also a Sasikala supporter. Raids were also conducted in Sasikala's hometown Mannargudi. The police were also verifying documents at the Green Tea Estate in Nilgiris district, which was purchased by Sasikala five years back.
These searches are connected to the rerouting of money through bogus companies after demonetization. I-T officials are investigating "dubious investments, fund flow and fudging of accounts." Vivek, allegedly linked to about 100 shell companies, has promised to cooperate with the authorities. However, if charges are proven, Sasikala and Vivek would find it hard to save themselves from this fresh spate of money laundering allegations.