TN: Attachment of V K Sasikala's 'benami' assets upheld
The Madras high court on Monday upheld the income tax department order attaching at least 14 benami properties of expelled AIADMK leader V K Sasikala. The assets, valued at more than 1,600 crore, include Spectrum Mall in Perambur, Marg Realities Limited, Bonjour Bonheur Pvt Ltd, Ganga Foundation Pvt Ltd, Global Infoserv Limited and Venus Meridian Agencies Pvt Ltd. Confirming the order passed by a single judge, a division bench dismissed the appeal moved by the alleged benamis of Sasikala who had bought various properties using demonetised notes.