ED tracks Valmiki Corporation funds diversion

The ED, which is probing the alleged Valmiki Corporation scam, recently arrested sitting Congress MLA B Nagendra.

BySouth First Desk

Published Jul 18, 2024 | 6:30 PMUpdatedJul 18, 2024 | 6:30 PM

ED on Valmiki Corporation scam

The ED on Wednesday, 17 July, alleged that a “substantial” amount “misappropriated” from the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Limited was used to procure liquor during the recently-concluded Lok Sabha elections, apart from some highly-priced vehicles. ED arrested MLA and former minister B Nagendra. In a statement, the ED alleged that the legislator’s associates were “implicated in fund diversion and cash management.”

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