Overview
- CBI teams searched 16 premises across Karnataka and Andhra Pradesh on September 15 in the KMVSTDCL case, focusing on locations linked to former minister B. Nagendra’s associates and relatives.
- Investigators allege Rs 2.17 crore from the Scheduled Tribes Welfare Department was routed via SKR Infrastructure and Golden Establishment into Dhanalaxmi Enterprises, with about Rs 1.20 crore then reaching the minister’s sister, brother-in-law and personal assistant.
- CBI also cites a separate diversion of about Rs 64 lakh from the Karnataka German Technical Training Institute through entities including Sadguru Education Trust, Sadguru Solutions and Skillpoint Training before reaching alleged beneficiaries.
- Searches recovered documents described as incriminating along with property deeds, bank statements and details of vehicles suspected to be linked to proceeds of crime.
- The probe stems from a June 3, 2024 CBI case based on a Union Bank complaint alleging Rs 84.63 crore in illegal transfers, with the Karnataka High Court supervising the investigation and the ED separately attaching roughly Rs 5 crore in assets.