Home / Politics / When an underpaid labourer’s frustration led to discovery of secret vaults of cash worth 5.7 crore at business tycoon’s bathroom

When an underpaid labourer’s frustration led to discovery of secret vaults of cash worth 5.7 crore at business tycoon’s bathroom

What goes around comes around seems to be the case of businessman turned politician K C Veerendra. At the time of construction of his house which also included secret vaults in the bathroom, he was very calculative and shrewd while paying the labourers for their service inspite of being  a multi millionaire.

So when it came to the exposure of secret stash of cash from his vaults, the information came not from any digital surveillance or spying but from the mouth of one disgruntled labourer.

One of Veerendra’s friend from Goa referred this labourer for constructing secret cash vaults in the bathroom and bedroom. When Veerendra became stingy in paying for the services, the labourer badmouthed him in front of an associate who in turn gave this piece of news to the IT officials in Goa about the house in Karnataka with cash vaults as told by a source to Bangalore Mirror.

When the news channels were airing recent raids taking place in various parts of the country seizing huge amounts of cash and gold, this labourer mentioned the description of the house along with the vaults.

Veerendra  a businessman, owns casinos in Goa and in involved in betting. He had built 3 houses in Challakere in Chitradurga district for himself and for two of his siblings. In one of these houses, Income tax officials confiscated Rs 3.5 crore in new Rs. 2000 currency, 28 kg bullion and 4 kg jewellery amounting to Rs. 5.7 crore.

There have been 4 secret vaults in all. It was only recently that Veerendra moved into his new house and the guest list for the housewarming party included many VIP’s from politics and Sandalwood.

According to Chitradurga police, Veerendra has been served a notice to appear before the Income Tax department

Source: timesofindia.indiatimes.com

 

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