The ED has also arrested G Krishna Hari, CFO of Karvy Group, for charges of money laundering. The ED has grilled Parthasarathy over fund diversion to Karvy Realty (India) Limited and to 14 shell companies. Parthasarathy is involved in diverting clients’ securities to the tune of 2,873 crore. The ED is now planning to file a petition to extend his custody. When ED officials told him to write answers to the questions on a paper, Parthasarathy reportedly told ED officials that he suffers from arthritis and can’t move his fingers. Parthasarathy has also asked the officials to limit the time for questioning from 10am to 5pm.
He also asked for a western commode in the bathroom as it was an Indian commode in the ED lock-up. Sources in the ED said that Parthasarathy had asked ED officials to provide him with a bed as ‘he can’t sleep on the hard floor’.
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