img

Suspense crime, Digital Desk : In a significant move against public corruption, the Enforcement Directorate (ED) has provisionally attached 92 immovable properties worth more than ₹100 crore in connection with a large-scale land allotment scam at the Mysuru Urban Development Authority (MUDA) in Karnataka. The action was taken under the Prevention of Money Laundering Act (PMLA), 2002.

The ED launched its investigation based on a First Information Report (FIR) filed by the Karnataka Lokayukta Police in Mysuru. The investigation uncovered a deep-rooted conspiracy involving MUDA officials, middlemen, and several other individuals who colluded to illegally acquire and dispose of valuable land sites.

According to the ED's findings, the accused masterminded a sophisticated scheme to defraud the public authority. They allegedly identified vacant sites designated for civic amenities or corner plots within various layouts developed by MUDA. The conspirators then created and used forged documents to get these prime sites illegally allotted in the names of fictitious or ineligible persons.

Once the illegal allotments were secured, the properties were allegedly transferred to other individuals, including a prominent middleman named N. Bhaskar and his associates. The 92 attached properties, which include land and buildings, are currently registered in the names of these various individuals who were part of the fraudulent scheme.

This massive attachment of assets marks a major milestone in the investigation into the MUDA scam, crippling the financial network of those involved. The ED's action underscores the agency's commitment to tackling organized financial crime and holding corrupt officials accountable for looting public resources. Further investigation into the money laundering network is ongoing.


Read More: Nitin Gadkari Attended Event with Hamas Chief Hours Before Assassination

Criminal case immovable properties Ed Latest breaking news legal action Rs 100 crore MUDA scam government agency karnataka Latest post Mysuru Urban Development Authority India news Mysuru money laundering breaking news economic crime land scam Enforcement Directorate property attachment assets seizure Corruption PMLA benami properties public corruption Prevention of Money Laundering Act Karnataka Lokayukta Police Law Enforcement fraud investigation Investigation Financial crime land allocation illegal allotment public fraud Government corruption Real estate scam Government Officials Indian law N. Bhaskar Financial fraud Conspiracy proceeds of crime fake documents Legal proceedings illegal land allotment News India civic amenity sites Crackdown federal agency Urban Development public trust financial investigation White-Collar Crime