New Delhi: Conman Sukesh Chandrasekhar, accused in multiple high-profile fraud and money laundering cases, has written a letter to Union finance minister Nirmala Sitharaman expressing his desire to declare his overseas income for the fiscal year 2024-2025 under a suitable government scheme. Expressing his admiration for Prime Minister Narendra Modi, Sukesh has offered to pay taxes amounting to Rs 7,640 crore on his overseas income for nation building.
In his letter, Sukesh wrote that his overseas ventures, LS Holdings International and Speed Gaming Corporation generated a turnover of $2.7 billion in 2024. These businesses operate in gaming and betting sectors across the USA, Spain, UK, Dubai, and Hong Kong.
Sukesh offers to pay taxes on his overseas income
Sukesh offered to pay taxes on his overseas income and proposed to reinvest the amount into India’s technology sector and advanced online gaming businesses. He also expressed admiration for the PM, stating his intention to contribute to the country’s development.
“As of today, being a proud Indian, under the great leadership of our Prime Minister Modi Ji, I want to contribute my part towards the world class development of this great nation. Henceforth by willingly paying Indian taxes on my overseas income, and further investing my overseas income here in India. Hereby to start I am hereby declaring my legitimate overseas income of Rs. 7,640 Crores for the year 2024 and wanting to pay the appropriate taxes in accordance to Indian Tax laws on immediate basis,” Sukesh wrote.
Accused in Rs 200 crore money laundering case
Sukesh Chandrasekhar, the main accused in a Rs 200 crore money laundering case investigated by the Enforcement Directorate (ED), is also under investigation for several other cases by the Delhi Police’s Economic Offences Wing and other agencies. His alleged criminal activities include cheating and extortion.
Bollywood actors Jacqueline Fernandez and Nora Fatehi have also been questioned in connection with Sukesh’s cases. Meanwhile, Sukesh’s wife, actor Leena Maria Paul, remains under arrest for alleged involvement in fraud.
