IT raids in houses and offices of SM Krishna’s Son-in-Law VG Siddhartha in Karnataka
Bengaluru/Karnataka, September 21: The Income Tax Department conducted raids in the houses and offices of senior Bhartiya Janta Party leader SM Krishna’s son-in-law and Café Coffee Day founder VG Siddhartha.According to reliable sources, the searches are ongoing at the firms and properties belonging to VG Siddhartha across the country.
— ANI (@ANI) September 21, 2017
The Coffee Day Square that is located in Bengaluru and the headquarters of Cafe Coffee Day outlets is also being searched. Searches are being conducted at over 20 locations including Bengaluru, Mumbai, Chennai and Chikmagalur. VG Siddhartha is known for being the founder-owner of the chain of Cafe Coffee Day outlets. The Cafe Cofee Day is India’s largest coffee retail chain. He is the Chairman of the Board and Managing Director since January 17, 2015. VG Siddhartha founded Amalgamated Bean Coffee Trading Company Limited in 1992. The Karnataka businessman is the son-in-law of former Karnataka Chief Minister and SM Krishna who quit Congress and joined the BJP in March in 2017.