The cumulative market value of the proceeds of crime provisionally attached so far is approximately ₹400 crore
Published Jun 10, 2025 | 2:12 PM ⚊ Updated Jun 10, 2025 | 2:12 PM
The probe is also looking into the failure of drug inspectors to perform mandatory inspections at Sresan Pharma’s facilities over the past two years.
Synopsis: The ED said the properties were registered under the names of housing cooperating societies, front or dummies of influential people, including MUDA officials.
The Directorate of Enforcement (ED) has provisionally attached 92 Mysuru Urban Development Authority (MUDA) sites worth ₹100 crore under the Prevention of Money Laundering Act (PMLA), 2002.
The attached properties were registered in the names of entities such as housing cooperative societies and front or dummies of influential people, including MUDA officials, ED said in a statement on Tuesday, 10 June, a day after the properties were attached.
The ED initiated an investigation based on an FIR registered by the Lokayuktha Police, Mysuru, under various sections of the IPC, 1860, and the Prevention of Corruption Act, 1988, against Chief Minister Siddaramaiah and others.
The FIR had said in February that the allegations against Siddaramaiah, his wife Parvathi M, and two others were not substantiated. However, a special court on 15 April allowed the continuation of the ED probe against Siddaramaiah.
ED investigation revealed a large-scale scam in the allotment of MUDA sites by flouting various statutes and government orders/guidelines and by other fraudulent means. The role of ex-MUDA commissioners, including GT Dinesh Kumar, has emerged as instrumental in the illegal allotment of compensation sites to ineligible entities/individuals.
The evidence concerning obtaining bribes for making illegal allotments in the form of cash, bank transfer, movable/immovable properties has been gathered during the investigation, ED said.
The modus operandi for making illegal allotment involved the identification of ineligible beneficiaries and making allotment using fake or incomplete documents, violating. In some cases, it also involved back-dating of allotment letters, the agency said.
The gratification received for making these illegal allotments was routed through a co-operative society and bank accounts of the relatives or associates of the officers, who played key roles in the allotment process. The gratification thus received was further used to purchase some of these illegally allotted MUDA sites in the name of relatives of MUDA officers.
ED said the attachment of the 92 MUDA sites was in continuation of the previous attachment of 160 MUDA sites, having a market value of approximately ₹300 crore.
“The cumulative market value of the proceeds of crime provisionally attached so far is approximately ₹400 crore,” the ED said.
