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4h ago

ED Attaches 34 More Properties Worth ₹40.08 Crore in Karnataka MUDA Probe

The action extends the PMLA case to roughly ₹400–₹440 crore in assets after a Lokayukta FIR.

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File Photo: IANS
ED attaches fresh Rs 40-cr worth assets in Karnataka MUDA case
MUDA Scam: ED Attaches 34 Immovable Properties Valued at Rs 40.08 Crore

Overview

  • ED’s Bengaluru unit issued a provisional order on October 4 attaching 34 immovable properties, including MUDA sites, under the Prevention of Money Laundering Act.
  • The investigation cites routing and layering of undue gratification allegedly obtained by former MUDA commissioner G. T. Dinesh Kumar, with purchases traced to relatives and associates.
  • Officials say 31 MUDA sites were illegally allotted, with 2024 searches flagging violations of a March 14, 2023 letter, an October 27, 2023 government order, and relevant Karnataka rules.
  • Evidence described by the ED points to a deep nexus between MUDA officials and real estate businessmen, including cash payments for site compensation and layout approvals.
  • Prior orders covered 252 MUDA sites, and with the latest action the attached assets in the case are reported at about ₹400–₹440 crore, while Dinesh Kumar remains in judicial custody after his September 16 arrest.