Bengaluru Special Court Grants Bail to Congress MLA K.C. Veerendra in ED Betting Case

Overview

• The Special Court for MPs/MLAs in Bengaluru granted conditional bail to KC Veerendra four months after his ED arrest in a money‑laundering case linked to online betting.
• The court required a ₹5 lakh personal bond with two sureties, restricted his movement to the court’s jurisdiction, and barred any contact that could influence witnesses or evidence.
• Veerendra was arrested on August 23 in Gangtok after ED searches at 31 locations across several states, including casinos in Goa, tied to the alleged betting network.
• The ED alleges he operated platforms such as King567 and routed transactions exceeding ₹2,000 crore through a payment gateway, with seizures spanning cash, foreign currency, jewellery, silver and gold bullion.
• Earlier, the Karnataka High Court upheld his arrest after a challenge by his wife, and political opponents have alleged cash and gold were diverted for elections, claims not substantiated in court.