Samaj Parivartan Samudaya has made a supplementary submission before the Special Investigation Team (SIT) on black money seeking inquiry into the alleged accumulation of large amount of wealth by the former External Affairs Minister S.M. Krishna’s son-in-law V.G. Siddhartha and his associates.
Releasing copies of the letter of February 2, 2017 at a press conference here on Friday, samudaya founder president S.R. Hiremath said that a study team of the samudaya had further found that the major reason for the generation of large amount of illegal wealth in the form of black money by Mr. Siddhartha and others was the ill-gotten revenue generated from the fake stamp paper scam popularly known as [Karim Lal] Telgi scam. It was allegedly aided by Mr. Krishna who was the Chief Minister when this scam happened.
The main franchiser of this scam in the State was Mr. Siddhartha just as the former Minister Chagan Bhujbal was the main franchiser of the scandal in Maharashtra, he said. Mr. Bhujbal has already been arrested and is in prison.
‘Undue influence’
The study team has further discovered that Mr. Siddhartha, who was economically a pauper in 1999 when his cheques had bounced, became one of the richest persons in the country due to the “undue influence” of Mr. Krishna, Mr. Hiremath said.
However, Mr. Siddhartha has not been named as an accused in the FIR despite the string of evidences linking him to the scandal running into over ₹ 50,000 crore.
No investigation was carried out against Mr. Siddhartha, his business associates and entities, Mr. Hiremath said and urged the SIT on black money to urgently initiate an inquiry by the Central Bureau of Investigation (CBI) and Enforcement Directorate in this connection.
