Bengaluru: Café Coffee Day Founder V.G. Siddhartha, who is also BJP leader S.M. Krishna’s son-in-law, was raided by the Income Tax (I-T) Department sleuths this morning.
Over 20 locations in Bengaluru, Mumbai, Chennai and Chikmagalur have been searched by I-T officials.
According to reports, several properties that belong to Siddhartha, including offices of Amalgamated Bean Coffee Trading Company – which owns the Cafe Coffee Day (CCD) franchise, Serai Estates and Global Village are being investigated.
I-T officials first arrived at the Cafe Coffee Day outlet on Vittal Mallya Road in Bengaluru in eight Innova cars and started sifting through documents at the outlet. The outlet also houses Siddhartha’s office.
This post was published on September 21, 2017 6:42 pm