Former External Affairs Minister S M Krishna is upset with the Bharatiya Janata Party which he embraced recently after parting with the Congress with which he was associated with for more than five decades and enjoyed every position and benefit the party could offer.
His son in law and Coffee magnate V G Siddhartha was put into great discomfort by the investigation wing of the IT department which conducted raids and searches, lasting four days, in 25 of his business establishments, including his main business, Cafe Coffee Day a nationwide coffee retail.
Sources close to him indicated that Mr Krishna is having second thoughts and might quit active politics. BJP hoped to encash his prominence in the southern belt of the state, especially the Mandya district to garner more seats in the 2018 Assembly elections. But things seem to have gone wrong somewhere.
Besides various locations in Karnataka, the IT sleuths also raided his offices in Mumbai and Chennai and are believed to have beyond the admitted concealed income of over Rs.650 crore. According to an IT official here the'' the detection of undisclosed income is expected to be a much higher figure''.
The searches which began on September ended late yesterday. and Siddhartha and some of his officials might be called in by the IT department for deep questioning as there are a number of other issues including violations of statutes on which there is no disclosure but relevant evidence has been found. The IT department would be pursuing them effectively with vigour, energy and imagination.