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Tuesday, May 12, 2015

J Jayalalithaa DA Case - Karnataka Govt-appointed Special Public Prosecutor (SPP) B V Acharya Says that the judgement was erroneous Tueday May 12,2015

 
A day after the High Court acquitted former Tamil Nadu Chief Minister J Jayalalitha in the disproportionate assets (DA) case, the Karnataka Govt-appointed Special Public Prosecutor (SPP) B V Acharya on Tuesday May 12,2015 said that the judgement was erroneous as the special judge had wrongly calculated the DA of Jayalalitha as 8.12 %, while the actual percentage of DA is over 70%.

Karnataka Govt-appointed Special Public Prosecutor (SPP) B V Acharya pinpointed ‘glaring error’ in calculating the disproportionate assets  of Jayalalitha saying that the total income should have been calculated as Rs 16,32,36,812 after deducting the bank loan of Rs 24,17,31,274.

“There is a glaring arithmetical error in arriving at the percentage as well as the income. This mistake has come to our notice just now,” Acharya told reporters.

Acharya said that Rs 16.32 crore of disproportionate assets  amounts to around 76 per cent and not merely 8.12 per cent - the prominent ground for relief for Jayalalitha in the judgement by Justice Kumaraswamy, the judge of the special bench constituted to hear the appeals challenging the conviction of Jayalalitha and her associates.

Justice Kumaraswamy says that Jayalalitha had received loans of Rs 24 crore. But the calculated figure was just Rs 10 crore. There was a difference of Rs 14 crore, Acharya said.

The special bench judge Kumaraswamy had arrived at 8.12 per cent as the disproportionate assets (DA), after deducting the total income of Rs 34,76, 65,654 (Rs 34.76 crore), from the total assets of Rs 37,59,02,466 (Rs 37.59 crore), which will be about Rs 2,82,36, 812 (Rs 2.82 crore). The judge had divided Rs 2.82 crore by the total income of Rs 34.76 crore to arrive at 8.12 per cent disproportionate assets .

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