Latest news with #KarnatakaBhoviDevelopmentCorporation
Indian Express
27-05-2025
- Business
- Indian Express
Karnataka Bhovi Corporation scam: ED attaches former officials' property worth Rs 26 crore
The Enforcement Directorate has provisionally attached assets worth Rs 26.27 crore in the Karnataka Bhovi Development Corporation (KBDC) scam case. The properties belong to former KBDC general manager B K Nagarajappa, former managing director R Leelavathy, and others. The attachment was made as part of ongoing investigations into alleged financial irregularities within the corporation. The ED said in a statement on Monday, 'The investigation revealed that B K Nagarajappa, the then General Manager, KBDC, and Ms R Leelvathy, the then Managing Director, KBDC, in connivance with middlemen and their associates, have misappropriated the funds from KBDC by sanctioning the loans/subsidies/financial assistance to the bank accounts of more than 750 fake beneficiaries, which were fraudulently opened by them. 'Later, the amounts so sanctioned from KBDC were diverted to the bank accounts of various entities viz Adithya Enterprises, Somanatheswara Enterprises, New Dreams Enterprises, Harntiha Creations, Annika Enterprises–controlled by B K Nagarajappa and others–which were used in the purchase of properties, making payments to middlemen and further diverted to bank accounts of individuals and various other entities.' Arrested by the ED on April 5 and April 12, respectively, Nagarajappa and Leelavathy are in judicial custody in the scam case. The ED alleges that the money misappropriated from the Karnataka Bhovi Development Corporation was mainly used by the accused to maintain a luxurious lifestyle and to acquire immovable and movable properties in their name and in the names of their family members.
Time of India
12-05-2025
- Time of India
CID arrests former Karnataka Bhovi Development Corporation GM
Bengaluru: CID on Monday arrested BK Nagarajappa , a former general manager of the Karnataka Bhovi Development Corporation , in connection with an alleged fund transfer scam in the financial institution. He was produced before a local court, which remanded him in police custody for 10 Enforcement Directorate (ED) had arrested Nagarajappa in April and interrogated him during a 14-day police alleged scam, initially discovered in Nov 2023, is being probed by CID. Preliminary investigations have revealed that approximately Rs 97 crore were misappropriated by transferring funds to over 500 bank accounts created under fictitious beneficiary has already made several arrests in connection with the case, including the corporation's former managing director R Leelavati and her sister R Managala, who is employed at the Indian Institute of Science.
The Hindu
11-05-2025
- Politics
- The Hindu
Internal reservation: Questions raised over classification of Bhovis as sub-caste instead of main caste
Former chairman of Karnataka Bhovi Development Corporation, G.V. Seetharamu, has raised questions over the classification of Bhovis as sub-caste instead of main caste during the ongoing survey of scheduled castes taken up ahead of the implementation of internal reservation. In a statement here on Sunday, Mr. Seetharamu, who is also a spokesperson of the Karnataka Pradesh Congress Committee (KPCC), alleged that the enumerators conducting the survey were often entering 'Adi Karnataka, Adi Andhra, and Adi Dravida' first as the main caste and later entering Bhovi as a sub-caste, even though there is an option to enter Bhovi in the main caste/sub-caste column. 'This is causing injustice to the Bhovi/Vaddar community,' he said. Inclusion of Bhovi with 69 other sub-castes under the sub-caste column was causing 'discrimination' against our community, Mr. Seetharamu alleged. In many places, the enumerators were first recording Bhovis as Adi Karnataka under option 003 and later recording them as sub-caste under 023.1 as Bhovis, he said and pointed out that thousands of members of the Bhovi community have been registered in such a manner over the last five days. He claimed that enumerators had been instructed to record Bhovis under sub-caste only after distinguishing their main caste as Adi Karnataka. Contending that the data recorded in such a manner was 'incorrect', Mr. Seetharamu demanded that the data be re-evaluated so that all of them are considered as members of the Bhovi community. Mr. Seetharamu also sought action against the enumerators, who were adopting 'faulty' methodology, leading to 'injustice' towards the Bhovi community. The ongoing survey by the one-man commission headed by Justice H.N. Nagmohan Das will be enumerating the 101 castes under the Scheduled Castes ahead of the implementation of internal reservation. Mr. Seetharamu also raised the issue of conflicting claims over the historical classification of Adi Karnataka, Adi Dravida, and Adi Andhra. 'Some argue that these are not names of castes, while some others contend that these castes have been listed in the 1950 Presidential Order and all subsequent amendments. So, which is correct?' he questioned. Among the other issues raised by Mr. Seetharamu is the reference to Bhovis as 'ST' instead of 'SC' in the ration cards issued by the Department of Food and Civil Supplies. 'We belong to the SC community, and our caste data should be recorded as such. Instead of relying solely on ration cards, our Aadhaar cards, voter IDs, or caste certificates should be accepted as valid proof,' he said. He also urged that the children and daughters-in-law living in the household are not excluded from the enumeration.
