Bengaluru: The Karnataka High Court will deliver its verdict on May 11, 2015 on the appeals filed by former Tamil Nadu Chief Minister Jayalalithaa and three others against a Special Court order convicting them in a disproportionate assets case.
Justice C.R. Kumaraswamy, who was specially assigned to hear the appeal, will pronounce the judgment at 11.00 a.m. on Monday, a notification on the High Court website said. The judge had concluded the hearing on the appeals on March 11 and reserved his verdict. The Supreme Court had set a May 12 deadline to pass the order. Jayalalithaa and three others were sentenced to a four-year prison term on September 27, 2014.
Twists and Turns
› The charges: Conspiracy: As CM, Jayalalithaa conspired with three others to acquire assets to the tune of Rs. 66.65 crore
› Disproportionate Assets: The assets were disproportionate to her known income
›Abetment: The other three abetted the offence by acting as benami owners of 32 private firms
› Prosecution’s take: Modus operandi was to deposit cash in benami firms’ accounts
›Prosecution’s take: The firms gave her address as theirs while opening accounts
› Prosecution’s take: Ms. Jayalalithaa spent crores of rupees on renovations and constructions, her foster son’s wedding and possessed huge quantity of jewellery.
› Counter: Prosecution born and out of malice and vendetta, many illegalities and defects in investigation. She had sufficient income form legal sources. Others were not benamidars.
› Counter: No material to show sarees, watches and footwear seized were bought during her tenure.
› Counter: Income-Tax authorities and Tribunals have accepted their returns and valuation of assets.
