Karunanidhi’s wife, daughter got proceeds of 2G scam : ED

NEW DELHI – A top Enforcement Directorate official on Thursday told a special court that DMK chief M Karunanidhi’s wife Dayalu Ammal was involved in “acquisition” of proceeds in the 2G scam while his daughter Kanimozhi “parked” money in Kalaignar TV.
Testifying as a prosecution witness in the money laundering case, ED joint director Himanshu Kumar Lal told CBI judge OP Saini that Dayalu and DMK MP Kanimozhi were party to pledging of their respective shares of Kalaignar TV (P) Ltd to Cineyug Films (P) Ltd to “project the tainted money as untainted”.
Elaborating on Dayalu’s role, Lal said, “MK Dayalu was knowingly a party and was actually involved in acquisition of proceeds of crime from Cineyug Films (P) Limited to Kalaignar TV (P) Limited and was involved in reverse flow of proceeds of crime from Kalaignar TV back to Cineyug Films … She was also party to purported pledging of shares of Kalaig nar TV to Cineyug Films and purported share subscription agreement with Cineyug Films to project the tainted money as untainted.”
While Dayalu was holding 60% stake in Kalaignar TV , Kanimozhi and managing director Sharad Kumar had 20% shares each in the channel.Lal said Kanimozhi allowed pledging of her shares to Cineyug Films to project the tainted money as untainted.
Lal said Dayalu attended most of the board meetings,where important decisions regarding the channel were taken. She gave her resignation in 2010 after CBI registered FIR in the 2G case in 2009, he said.