The TVK has formed the government and KA Sengottaiyan, the state’s finance minister and TVK senior leader today welcomed a notorious figure to the TVK.
While Vijay claims his party is a ‘thooya sakthi’ (pure force), it seems to be attracting all the ‘theeya sakthi’ (evil force). In this situation, KA Sengottaiyan welcomed Winstar Sivakumar into the TVK – a man who was involved in a major ponzi scheme case that affected thousands of middle-class investors.
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நிதி அமைச்சர் செங்கோட்டையன் முன்னிலையில் தேடப்படும் குற்றவாளி தவெகவில் இனைந்தார்
300 கோடிக்கு மேல் மோசடி செய்து தேடப்படும் குற்றவாளியான சேலத்தை சேர்ந்த ரியல் எஸ்டேட் அதிபருக்கு நிதி அமைச்சர் செங்கோட்டையன் பொன்னாடை அணிவித்து கௌரவித்த சம்பவம்
பொதுமக்களின் பணத்தை மோசடி செய்து… pic.twitter.com/mIOfjAKxIG
— RAMJI (@RAMJIupdates) May 18, 2026
Who Is Winstar Sivakumar?
R Sivakumar, popularly known as Winstar Sivakumar, was arrested by the Salem Economic Offences Wing (EOW) in 2017 in connection with an investment fraud linked to Winstar India City Developers. Investigators alleged that the company cheated investors by promising lucrative returns through ponzi-style investment schemes.
According to police records, the case initially involved allegations that around 1,686 investors were cheated of nearly ₹74 crore. Police arrested 29 people in connection with the case, and all of them later secured bail. The matter is currently under trial before the Special Court for cases under the Tamil Nadu Protection of Interests of Depositors (TNPID) Act in Coimbatore.
The case drew national attention because of the scale of the chargesheet filed by investigators. In 2019, the Salem EOW filed a chargesheet reportedly running into nearly 50,000 pages before the Coimbatore special court, as reported in The New Indian Express.
Police sources then stated that the Tamil Nadu government sanctioned nearly ₹14 lakh for printing 33 copies of the chargesheet. The copies, amounting to nearly 15 lakh pages in total, were distributed to the 29 accused persons, lawyers, the court, and police officials. Officials said the printing cost worked out to around 85 paise per page.
While we expect experienced leaders to improve how new government is run Tamil Nadu’s senior most politician @KASengottaiyan has done the exact opposite.
Immediately after taking over as Finance Minister, he welcomed Winstar Sivakumar into the TVK party.
Sivakumar is a wanted… pic.twitter.com/1gM93weG8G
— Selva Kumar (@Selvakumar_IN) May 19, 2026
The hearing in the case was later adjourned after one of the accused reportedly failed to receive the copy of the chargesheet.
Investigators also stated that more than 300 additional complaints had subsequently been received in connection with the alleged fraud. Police officials said they expected the total number of complaints to cross 2,500 and estimated that the total amount involved in the case could exceed ₹200 crore. Authorities further stated that efforts were under way to identify and attach the properties linked to the company.
Legal experts cited practical difficulties in relying entirely on digital documentation in such large-scale financial fraud cases. Senior advocate A Pandiaraj reportedly stated that electronic chargesheets could create logistical complications because all parties involved would need access to digital devices. He also noted that, in an earlier instance, the same court had declined permission to accept documents through a pen drive due to administrative overload.
TVK Is Another DMK
All the claims of TVK being a clean and transparent party are falling like a house of cards. TVK is turning out to be another DMK and becoming a theeya sakthi itself.
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