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This is an archive article published on March 13, 1999

Company owned by ex-Minister8217;s wife received foreign funds

CHENNAI, March 12: Cheques from India and abroad, totalling over Rs 26.62 lakh, were deposited in the account of Chandra Aqua Farms owned...

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CHENNAI, March 12: Cheques from India and abroad, totalling over Rs 26.62 lakh, were deposited in the account of Chandra Aqua Farms owned by former All India Anna Dravida Munnetra Kazhagam AIADMK Minister Satyamurthy8217;s wife Chandra in 1995.

This was revealed by Bank of India, Cathedral Road branch chief manager Krishnaswamy, while deposing before Special Court-II today in connection with the Rs 83.32 lakh disproportionate wealth case involving Satyamurthy and his relatives.

He said an account was opened in the company8217;s name with an opening balance of Rs 5 lakh in 1995. On July 28, 1995, a cheque for Rs 1.56 lakh, drawn on a foreign bank, was deposited. On August 8, 1995, Rs 13.55 lakh was deposited. Another cheque from abroad for Rs 1.65 lakh was credited to the account in November that year.

Three other witnesses were examined in the case. The judge, V Radhakrishnan, posted the case to April 5 for further examination of witnesses.

Meanwhile, the Jeeva Transport Corporation case involving former minister K A Sengottaiyan and the free dhoti and saree distribution case involving former minister Indira Kumari were adjourned to April 5 by Special Judge-I S Sambandam and Special Judge-III P Anbazhagan respectively, as the accused were yet to receive the Tamil copies of documents.

 

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