Latest news with #VDSajjan
NDTV
10-07-2025
- NDTV
Probe Agency Arrests Key Accused In Karnataka 'Double Compensation' Scam
New Delhi: The Enforcement Directorate's Bengaluru office has arrested one person in connection with the high-profile double compensation scam at the Karnataka Industrial Area Development Board. The arrest - of Ravi Yallappa Kurbett - is part of an ongoing money laundering investigation linked to VD Sajjan, a retired Special Land Acquisition Officer, and others. The accused was produced before a special PMLA, or Prevention of Money Laundering Act, on Wednesday and sent to the probe agency's custody for further interrogation and investigation. The investigation so far indicates that the accused siphoned double the compensation amount -usually in the names of deceased individuals or those who had already received payouts. The investigation also indicates Kurbett played a 'critical and instrumental role' in executing the scam and was one of the key beneficiaries. According to the agency, he allegedly used the laundered money to purchase immovable assets, in his name and those of relatives. He also spent significant amounts on 'personal expenses'. The agency had earlier attached properties worth around Rs 13 crore in this case. A prosecution complaint had also been filed earlier against 22 accused persons, and the PMLA court has taken cognisance of the complaint. The matter remains under trial. Further investigation into the money laundering network and other accused is underway.
New Indian Express
18-06-2025
- New Indian Express
KIADB ‘double compensation scam': ED seizes Rs 1.8 crore TDS
BENGALURU: The Enforcement Directorate (ED), Bengaluru Zone, has provisionally attached Rs 1.80 crore in Tax Deducted at Source (TDS) credited against fake PANs in the Karnataka Industrial Area Development Board (KIADB) 'double compensation scam' in Dharwad. The scam, which led to fraudulent claims of compensation for land acquisition, was masterminded by VD Sajjan, a retired special land acquisition officer in Dharwad, in collusion with other accused people, including KIADB and bank officials. The accused created fake Aadhaar identities by fraudulently updating demographic details such as name, address, and mobile number through applications submitted to the Unique Identification Authority of India (UIDAI), the press report said. These fake credentials were then used to obtain fake PANs. Using the PANs, the accused opened bank accounts and submitted second-time compensation claims before KIADB, impersonating landowners who had either already been compensated or were deceased, it said. The compensation amounts were credited into the fake accounts, and the funds estimated at around Rs 46 crore were withdrawn in cash. During the withdrawal, TDS under Section 194N of the Income Tax Act, 1961, was deducted and credited against the fake PANs. The ED has now classified this TDS amount as 'proceeds of crime.' The demographic details in the Aadhaar database were altered back to the original identity after the funds were withdrawn.
