Since hosting his daughter's lavish wedding, in which he apparently splurged Rs 500 crore, Bellary mining baron Gali Janardhana Reddy has been on the income-tax radar. The I-T department on Monday raided Reddy's Obulapuram mining company in Bellary.
Reddy had hosted the opulent wedding at the Bangalore Palace grounds on November 16.
Earlier, Reddy, then state tourism minister in the B S Yeddyurappa-led Karnataka government, had been arrested in 2011 on the charges of illegally mining iron ore and jailed for over three years. He is said to have made Rs 5,000 crore through iron ore mining in Bellary. The criminal charges against him relate to the Andhra Pradesh branch of the multi-billion dollar mining empire that he runs with family and two brothers.
The five-day wedding extravaganza that he hosted earlier this month included ceremonies held against the backdrop of lavish settings. The ostentatious wedding had stirred up a huge row over its timing, when people across the country were reeling under cash crunch after the central government's move to demonetise high value currency notes.
Palace grounds, which plays host to grand weddings, presented almost a surreal picture as Reddy's daughter Bramhani entered into a wedlock with Rajeev Reddy, the son of a leading businessman from Andhra Pradesh, with rituals conducted by a battery of priests from the famous Tirumala temple.Read more
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