This has been done under the Benami Property Restraint Act.
300 crores each in Siruthavur and Kodanadu during Wednesday’s rapid growth. Two of Shashikala’s assets were confiscated by IT officials.
IT said the move was under the Benami Property Control Act. The relatives of Ilavarasi and Sudhakaran have also been seized, the department said in a statement.
Sasikala, who is currently in jail at Parappana Agrahara Prison in Bangalore for illegal property gains, is likely to be released in January 2021.
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