New Delhi:
The Enforcement Directorate on Friday stated it has hooked up greater than 140 items of immovable property price about Rs 300 crore in a MUDA-linked cash laundering case involving Karnataka Chief Minister Siddaramaiah and others.
The attachment is a part of a cash laundering probe into alleged irregularities in land allotment by Mysuru City Improvement Authority (MUDA).
The hooked up properties are registered within the title of assorted people who’re working as real-estate businessmen and brokers, the federal company stated in an announcement.
“It’s alleged that Siddaramaiah (a Congress chief) used his political affect to get compensation for 14 websites within the title of his spouse Smt. BM Parvathi in lieu of three acres 16 guntas of land acquired by MUDA.
“The land was initially acquired by MUDA for Rs 3,24,700. The compensation within the type of 14 websites at posh locality is price Rs 56 crore,” the company stated.
The chief minister, who has been questioned by the Karnataka Lokayukta on this case, has repeatedly denied any wrongdoing by him or his household, saying the opposition was “scared” of him and that these have been politically motivated prices.
The position of ex-MUDA commissioner D B Natesh has emerged as “instrumental” within the unlawful allotment of compensation websites to Parvathi, the company stated.
It stated searches carried out within the case discovered that a lot of websites, apart from the 14 allotted to Parvathi, have been “illegally” allotted by the MUDA as compensation to actual property businessmen, who in flip have offered these websites at “large” revenue and generated large quantity of “unaccounted” money.
The revenue so generated has been “laundered” and proven as derived out of reliable sources, it claimed.
Websites have been allotted within the title of “benami and dummy” individuals of influential names and actual property businessmen, the company alleged.
Incriminating “proof” relating to fee of unlawful gratification to then MUDA chairman and MUDA Commissioner within the type of immovable property, MUDA websites, money, and so on., have been recovered throughout the raids, it alleged.
It has additionally been discovered that cash was routed by a co-operative society for buy of property, luxurious automobiles and so on within the title of kin of G T Dinesh Kumar, who was the earlier commissioner of MUDA, the company alleged.
(Aside from the headline, this story has not been edited by NDTV workers and is printed from a syndicated feed.)