There was nothing illegal in what we did, says Chief Minister's son Raghavendra

The former Chief Minister and Janata Dal (S) leader H.D. Kumaraswamy on Saturday appealed to Chief Minister B.S. Yeddyurappa to clear the air of “suspicion” over the deposit of Rs. 20 crore into the bank accounts of his sons and son-in-law.

Distributing copies of financial transactions made by Jindal-owned South West Mining Ltd. during 2010-11, Mr. Kumaraswamy said the Chief Minister's sons, B.Y. Raghavendra and B.Y. Vijayendra, besides his son-in-law Sohan Kumar had together received Rs. 20 crore in three instalments on August 11, 25 and 31 against the sale of land near Manyata Tech Park in the city. Reacting to Mr. Kumaraswamy's charge, Mr. Raghavendra told The Hindu that it was an absolute sale transaction and there was nothing illegal as was being made out to be. “We owned a plot of land and sold it. Is it wrong?” He said, his brother and Mr. Sohan Kumar purchased a total of 44,000 sq ft at Rachenahalli village in Krishnarajapuram hobli in March and April 2006. While around 22,000 sq ft was registered in the name of his brother and brother-in- law, the remaining was registered in his name.

Mr. Raghavendra said that on July 28, 2010 they entered into an agreement with South West Mining Ltd. for the sale of the given property. While Rs. 10 crore was paid as sale consideration to Mr. Vijayendra and Mr. Sohan Kumar, an equal amount was paid to Mr. Raghavendra. Although the market price was around Rs. 5,000 per sq ft they had sold the land for a much lower rate.

Mr. Kumaraswamy said the amount had been remitted to the Chief Minister's kin against sale of six acres of land. “But, did the Chief Minister's kin inherit the said land? From where did they come to acquire the land? And did they register the land in the name of the purchasers after they received the money?”

According to the copies of the financial transactions made by South West Mining Ltd., a total of Rs. 10 crore had been remitted to Mr. Raghavendra's account, while Rs. 5 crore each had been remitted to the account of Mr. Vijayendra and Mr. Sohan Kumar.

Mr. Kumaraswamy said the Chief Minister's continuation at the helm had become untenable in view of the series of land scams, which were being unearthed regularly. “If the BJP's national leadership has an iota of respect for principles and morality in public life, it should immediately remove Mr. Yeddyurappa,” he said.

  • ‘Sum was received against the sale of land near Manyata Tech Park'
  • We owned the land and it was sold. What's wrong in it: Raghavendra