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Café Coffee Day founder VG Siddhartha, who is also Karnataka BJP leader SM Krishna’s son-in-law, was raided by the Income Tax Department on 21 September, according to ANI.
Over 20 locations in Bengaluru, Mumbai, Chennai and Chikmagalur have been searched by I-T official.
According to The News Minute report, several properties that belong to Siddhartha, including offices of Amalgamated Bean Coffee Trading Company – which owns the Cafe Coffee Day (CCD) franchise, Serai Estates and Global Village are being investigated.
I-T officials first arrived at the Cafe Coffee Day outlet on Vittal Mallya Road in Bengaluru in eight Innova cars and started sifting through documents at the outlet. The outlet also houses Siddhartha’s office.
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Published: 21 Sep 2017,09:56 AM IST