Income Tax Raid on Sasikala family-linked businesses: Jaya TV & Jazz Cinemas among popular names.

Income Tax Raid on Sasikala family-linked businesses: Jaya TV & Jazz Cinemas among popular names.

Income Tax officials raided about 10 establishments belonging to the Sasikala family. The popular names among the businesses include Jaya TV & Jazz Cinemas.

Income Tax officials raided about 10 establishments belonging to various business groups. The lot including three owned by members of the Sasikala family early on Thursday morning, according to multiple reports.

Initial reports suggest that the raids are on in more than 150 locations. The locations are Sasikala primes, including office premises of Jaya TV, Jazz Cinemas and also Namadhu M.G.R. Shell companies and other offices and residences. The raids started at 6 30 in the morning. According to reports the officials took to Jaya TV office this morning. As a confirmation of the spotting, about 8 personnel were inquiring within the premises.

Residences and other offices of Sasikala’s nephew Vivek Jayaraman, Vivek’s sister house in T Nagar and also the Bengaluru residence of AIADMK Karnataka unit head Pugazhenthi are all under the raid by I-T. Raids are also on at Mannargudi, the hometown of the Sasikala clan. In Tiruchy, raids are on in a residence, property of Dhinakaran’s relative and three other houses.

“We have confirmed information about concealment of income and tax evasion. We have been monitoring the activities of the TV channel as well as its senior officials,” a senior I-T official told the Times of India. The raids, according to sources, is part of ‘Clean Money’ operation.

Jaya TV, started by former Chief Minister J Jayalalithaa in 1999 was a mouthpiece of the AIADMK. The operations of the media house is the monopoly of the members of the Sasikala family for many years now. Sasikala’s nephew Vivek Jayaraman, son of Ilavarasi who is also in jail along with Sasikala now, is managing the affairs of the TV channel currently.

Jazz cinemas operation head and owner is Vivek Jayaraman among other members of the family. The property ownership is a controversial one. The Sasikala family took charge from the Sathyam Cinemas group amidst rumors of a forceful buyout.

Meanwhile Namadhu MGR is the newsprint mouth piece of the AIADMK, and is also said to be controlled by TTV Dhinakaran.

In August, the merged factions of EPS and OPS had passed a resolution stating that legal procedures will be initiated to retrieve and attach party mouthpieces – Jaya TV and Namadhu MGR.

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