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Tamilnadu News

Madras High Court upholds two year sentence for Natarajan, others in 1994 duty evasion case

Covai Post Network

Image credit : Illustrative Image

The Madras High Court on Friday confirmed two year jail term for M Natarajan, husband of jailed AIADMK leader VK Sasikala, in an old customs duty evasion case.
This is bad news for the head of the Mannargudi clan Sasikala whose many relatives, friends and business associates were raided by tax authorities for suspected tax evasion.

On Friday Mr Justice D Jayachandran of the Madras High Court upheld the 2010 CBI trial court conviction of Natarajan and four others in the case relating to import of a luxury car, Lexus, in the year 1994.

Today’s ruling comes as another setback to Sasikala. Incidentally, Natarajan’s house was also among the ones raided by the IT earlier this week.

The high court upheld trial court order convicting Natarajan and four others guilty of duty evasion of Ra 1.60 crore by forging documents relating to a luxury car in 1994.

Others involved in the fraud are V Bhaskaran, one S Balarkrishnan ( based in London) his son Yogesh Balakrishnan, Sujarita Soubdarrajan , a branch manager in the Indian Bank and assistant branch manager R Bhavani.

Balakrishnan is absconding while Bhavani turned an approver.

The CBI court had held the five guilty in 2010 and sentenced them to two years each in prison.

The verdict was challenged by the five in the Madras High Court, which upheld the decision today.

The judge refused to give time for Natarajan to surrender. Now the CBI would have to procure a warrant and arrest him.