Celebrations for former Tamil Nadu chief minister Jayalalithaa's acquittal in a disproportionate assets case last week were dampened after the prosecution pointed out accounting errors in the Karnataka High Court order. The nearly-1000 page judgement had calculated Ms Jayalalithaa's cumulative income to be about Rs. 34 crore, which was later found to be only Rs. 21 crore because of an exaggeration of loans advanced to her. This would suggest her unaccounted assets are 76 per cent more than her income, and not, as the court had found, only eight per cent.
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