Today (20 Feb 2024), a special court in Karnataka revealed that 27 kg of gold and diamond jewelry, crucial evidence in the case concerning the disproportionate assets of former Tamil Nadu Chief Minister late J Jayalalithaa and others, will be handed over to the neighboring state’s government on March 6 and 7.
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Bengaluru: A special court today announced that 27 kg of gold and diamond jewelry, a pivotal part of the evidence in the disproportionate assets case involving former Tamil Nadu Chief Minister late J Jayalalithaa and others, will be transferred to the neighboring state’s government on March 6 and 7.
This move clears the path for realizing the value of these assets to meet the Rs 100 crore fine imposed on her. The court decided that while 20 kg could be sold or auctioned, the remaining portion would be exempted, as it was inherited by the late Jayalalithaa from her mother, as per a ruling made on Monday.
Presided over by Judge H A Mohan at the XXXII Additional City Civil & Sessions court, the decision follows last month’s directive to transfer the confiscated valuables from Jayalalithaa to the Tamil Nadu government.
The Tamil Nadu government will then take appropriate measures for the disposal of these gold and diamond jewels. As the trial was conducted in Karnataka under the Supreme Court’s directive, all pertinent evidence currently resides in the Karnataka treasury under the court’s custody.
Previously, the court had ruled that the relatives of Jayalalithaa were not entitled to the confiscated properties. A petition by J Deepa and J Deepak, the niece and nephew of Jayalalithaa, respectively, was thus rejected by the Special CBI Court.
In ordering the transfer of the jewels to the Tamil Nadu government, the Special Court judge remarked,
“Instead of auctioning the jewels, it is better to transfer the same to Tamil Nadu by handing over the same through the Department of Home, State of Tamil Nadu.”
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The court directed the Tamil Nadu Home Department to authorize competent personnel, preferably at the rank of Secretary, accompanied by police, to collect the jewels. Additionally, the court ordered the payment of Rs 5 crore to Karnataka for the trial expenses incurred in the state, to be sourced from a fixed deposit in an account linked to Jayalalithaa at the State Bank of India branch in Chennai.
The disproportionate assets trial, which implicated Jayalalithaa, her former aide V Sasikala, disowned foster son V N Sudhakaran, and Sasikala’s sister-in-law J Ilavarasi, was conducted by the Special Court in Bengaluru, resulting in convictions nearly a decade ago.
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