ED freezes Rs 300 cr in assets linked to Siddaramaiah – Read

The Enforcement Directorate (ED) has provisionally attached assets worth Rs 300 crore in a corruption case allegedly involving Karnataka Chief Minister Siddaramaiah and others. The 142 immovable properties, registered under the names of real estate developers and agents, are linked to alleged money laundering activities.

The ED’s action stems from an FIR filed by the Lokayukta Police in Mysuru under the Indian Penal Code and the Prevention of Corruption Act. The case centres around allegations that Siddaramaiah leveraged his political influence to secure 14 prime plots of land as compensation for his wife, BM Parvathi.

The investigation uncovered a wider pattern of illegal site allotments by MUDA, not only to Parvathi but also to several real estate developers.

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