VK Sasikala’s Assets Worth 1,500 Crore Seized


Chennai: VK Sasikala’s Assets sealed months ahead of her release. Sasikala the controversial aide of late Tamil Nadu Chief Minister J Jayalalithaa will be out of jail January 2021. Sasikala may be released well before Tamil Nadu state elections, due in May 2021,media report.

Sources in the Income Tax Department said the action was in accordance with the Supreme Court order of 2017. It is not, however, known why the action was initiated so late. The assets seized include the sprawling Kodanaand Siruthavur areas of Tamil Nadu, the Income Tax department has said.

Reports say assets were attached by the Benami Prohibition wing of the Income Tax Department. Sasikala, Ilavarasi and Sudhakaran are serving a four-year sentence in a disproportionate assets case.

VK Sasikala cannot contest election for two more years and in the days since she went to jail, the politics in her party and the state has vastly changed. In the months after the death of Jayalalithaa in office, Sasikala took charge of the ruling AIADMK and even made attempts to take over as Chief Minister until she was sentenced to jail. She unseated Mr Paneerselvam and installed Mr Palaniswami as the Chief Minister.

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