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Income Tax Raid

Rs 40 Cr Recovered In IT Raid On Karnataka Contractor Who Alleged BJP Govt Took 40% Commission

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Rs 40 Cr Recovered In IT Raid On Karnataka Contractor Who Alleged BJP Govt Took 40% Commission

by OB Bureau
October 14, 2023
in India
Reading Time: 2 mins read
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New Delhi: Income Tax (IT) officials reportedly recovered more than Rs 40 crore from a contractor who was part of the group that led the 40% commission campaign against the previous BJP government. The raids were conducted in at least 25 locations in Bengaluru, The News Minute reported.

IT officials reportedly recovered a huge cache of cash from an apartment building allegedly linked to R Ambikapathy. The money was stored in more than 20 cardboard boxes in an apartment where the contractor himself did not reside, according to the Kannada media. The IT department has yet to give any official statement.

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Who is Ambikapathy?

He is the president of the BBMP Contractors’ Association and also the vice president of the Karnataka Contractors’ Association.

He has been a prominent figure in the 40% commission campaign led by the Karnataka Contractors’ Association.

Ambikapathy was also one of the contractors who had been arrested in connection with a criminal defamation case filed against them by former minister Munirathna, although they were subsequently released.

According to The Hindu, Ambikapathy’s wife, Ashwathamma, is a former corporator affiliated with the Janata Dal (Secular). The couple shares close ties with former JDS and Congress MLA from Pulakeshinagar, Akhanda Srinivasamurthy.

What was the campaign?

The association had levied allegations that the previous BJP government demanded a cut of 40 percent cost of a project as a commission to clear bills of contractors, leading to significant political unrest within the state. This corruption campaign was one of the factors which led to the BJP losing power in the state.

 

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