Farmhouse, said to belong to Sasikala, attached by officials

Property could be worth ₹100 crore

The Benami Prohibition Unit, Chennai, on Wednesday attached a farmhouse at Paiyanur, said to belong to V.K. Sasikala, under the Benami Transactions (Prohibition) Act. The property, measuring 28.17 acres, located on Old Mahabalipuram Road, could be worth ₹100 crore, sources said. The officers of the Benami Prohibition Unit visited the premises near Thiruporur and stuck a copy of the provisional order at the entrance after tom-toming. U.N. Dilip, Deputy Commissioner of Income Tax (Benami Prohibition), Chennai, said in the provisional order that the proceedings under the Act were in progress with a show-cause notice issued to Ms. Sasikala, a close associate of late Chief Minister Jayalalithaa. Given the facts and circumstances of the case, the benamidar/beneficial owner would be aware of the consequences of the proceedings. The property might be alienated during the period specified in the notice issued to the benamidar. “Therefore, it is considered expedient and necessary to provisionally attach the property...”