As of November 10, alleged conman Sukesh Chandrashekhar owes Rs 308.48 crore dues to various government institutions. (Image: PTI)
A total of 11 cars and a bike will be up for an online auction on November 28 in Bengaluru as part of efforts to recover the dues the alleged conman owes to several institutions
The high-end and luxury vehicles owned by jailed alleged conman Sukesh Chandrashekhar will be auctioned next week by the income tax department in Bengaluru as part of efforts to recover the dues he owes to several institutions. At least 11 such cars and a bike will be up for e-auction on November 28, sources said.
According to sources in the I-T department, the cars that will be up for auction are BMW M5, Toyota Prado, Range Rover, Lamborghini, Jaguar XKR Coupe, Rolls Royce, Bentley, Innova Crysta, Toyota Fortuner, Nissan Teana and Porsche. Besides these 11 cars, the I-T department will also be auctioning Chandrashekhar’s sports cruiser bike – Ducati Diavel.
Citing a notice issued by the department, sources said the price of these vehicles ranges from Rs 2.03 lakh to Rs 1.74 crore. These vehicles seized by the department from different parts of the country, including Kerala and Tamil Nadu, will be auctioned online. At present, these vehicles stated to be in “good condition” by the department have been kept at central revenue building for inspection till Friday (November 24), sources said.
Sources claimed that as of November 10, Chandrashekhar owes Rs 308.48 crore dues to various government institutions. “These vehicles owned by Sukesh were seized from various parts of the country, including Kerala and Tamil Nadu, in 2018 by the I-T department. He owes dues worth several crores to various government institutions, so we decided to recover those by putting these high-end vehicles for auction,” the sources said.
Chandrashekhar, who is currently lodged in a Delhi Jail, has been accused of impersonating top government officials in order to extort about Rs 200 crore from Aditi Singh, the wife of Shivinder Mohan Singh, who is the former owner of pharma major Ranbaxy. He allegedly scammed Aditi Singh with the promise of securing the release of her husband, who was in jail in a money laundering case.
Meanwhile, Chandrashekhar is also being probed by the Enforcement Directorate in a money laundering case.
(This story has not been edited by News18 staff and is published from a syndicated news agency feed –