I-T dept raids Gali Janardhan Reddy's offices
posted on Nov 21, 2016 @ 3:47PM
The Income Tax department on Monday raided the offices of mining baron and former Karnataka minister Janardhan Reddy on Monday, days after the extravagant wedding of his daughter grabbed headlines. The offices of Obulapuram Mining Company and Associated Mining Company, both owned by mining baron his family was raided by Income Tax sleuths. Reddy, a former BJP lawmaker, is on bail after languishing 40 months in jail for his alleged involvement in the multi-crore mining scam that rocked Karnataka in 2010-11. Billed as one of the most expensive marriages in the sub-continent, the five-day grand event drew all-round flak at a time when lakhs were queueing up outside banks and ATMs for cash. The raid was based on a complaint filed by a social activist, details of which are yet to be known. Recently, a report said that Reddy had said that he would submit details of expenditure to I-T department once the marriage was over. Confirming the development, an official with the I-T department said “departmental action is ongoing”. Reddy, part of the powerful Bellary brothers whoamassed huge fortunes in mining, attracted criticism for the ostentatious wedding which was said to have cost in excess of Rs 500 crore.