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The Hindu
The Hindu
National
Sharat S. Srivatsa

Conman Sukesh Chandrasekhar’s high-end vehicles to be auctioned to recover I-T dues

As many as 12 high-end vehicles that have been seized from conman Sukesh Chandrasekhar, who is now lodged in jail in Delhi, will be auctioned in Bengaluru on November 28 to recover the dues he owes to various institutions.

These vehicles were seized from various places by Income Tax Department officials, who investigated the financial transactions of Sukesh. He is accused of committing fraud on the wives of former promoters of Ranbaxy of ₹200 crore by promising to secure bail for the company’s promoters. He is accused of impersonating a Law Ministry official to cheat the women. He is also facing investigation by the Enforcement Department for laundering money.

Among the vehicles that will be auctioned are 11 four-wheelers — BMW M-5, Range Rover, Jaguar XKR Coupe, Innova Crysta, Nissan Teana, Porsche, Toyota Fortuner, Bentley, Rolls Royce, Lamborghini, Toyota Prade — and cruiser bike Ducati Diavel. The reserve price for vehicles ranges from ₹2.03 lakh for Nissan Teana to ₹1.74 crore for Rolls Royce.

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