ED probes Karnataka Congress leaders in Valmiki scam
The Enforcement Directorate (ED) has raided the homes of Congress MP E Tukaram and three Karnataka MLAs—NT Srinivas, NB Reddy, and JN Ganesh—as part of a probe into a major money laundering scam. Authorities allege that crores meant for Scheduled Tribe community welfare were siphoned off through fake accounts under the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation (KMVSTDC), following FIRs by state police and the CBI.
Case linked to KMVSTDC employee's suicide
This scandal came to light after Chandrasekaran P, an accounts superintendent at KMVSTDC, died by suicide in May 2024. Investigations found that out of ₹187 crore involved, nearly half was illegally transferred to hundreds of bank accounts—including shell companies—and some funds reportedly fueled the 2024 Lok Sabha elections in Bellary. So far, 12 people have been arrested and over ₹49 crore recovered. The case is still unfolding, with more raids and arrests expected as authorities track down where all the money went.