Tumakuru (Karnataka), Jul 10: Karnataka Deputy Chief Minister D K Shivakumar on Wednesday termed the Enforcement Directorate raids in the Valmiki Development Corporation case as unwarranted.

The ED on Wednesday conducted searches at multiple places allegedly linked to former Karnataka Minister B Nagendra and MLA Basanagouda Daddal in connection with the illegal money transfer case in state owned corporation.

The raids were carried out in Bengaluru, Raichur and Ballari as part of the probe into the alleged unauthorised transfer of Rs 187 crore belonging to the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation from its bank accounts.

This includes Rs 88.62 crore illegally credited to various accounts of some IT companies and a Hyderabad-based cooperative bank, according to official sources.

ALSO READ: "Let ED do their job," says Karnataka CM on searches in Valmiki Corporation ''scam'' case

Speaking to reporters at the Nonavinakere Kadasiddeshwara mutt in the district, he said, "When the SIT set up by the State government is already investigating the case, there was no need for ED to raid in the case."

Asked about ED raids on several places including the residence of former minister Nagendra, the DCM said, "It involves huge amounts of money and hence banks have the authority to investigate the case. ED has come in even though there was no need for it to investigate."

Shivakumar said Nagendra is not at fault as he exuded confidence that he will come out clean after the investigation.

Though he endorsed action against those involved in the fraud, he underlined that similar cases had happened during the previous BJP government.

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Kalaburgai (Karnataka) (PTI): AICC President Mallikarjun Kharge on Thursday said there was no Chief Minister change in Karnataka "for now" and that the leadership issue in the state will be resolved soon.

The Congress chief's statement comes amid speculations within the party and political circles about a possible decision on leadership change and cabinet reshuffle after May 4, once the results for assembly elections in four states and one union territory, along with bypolls to two assembly segments in Karnataka, are announced.

Supporters of Deputy Chief Minister DK Shivakumar have been insisting on his elevation in lines with a rumoured power-sharing agreement with CM Siddaramaiah when the party won the 2023 Assembly polls.

"You (media), he (Parameshwara) and people at the top say that it is better if I become (the chief minister). But, more than fate, as per my ideology and as per my service to the party so far, Sonia Gandhi takes decisions regarding me," he said in response to a question about Home Minister G Parameshwara's statement about Kharge becoming the CM.

Speaking to reporters here, he said, "But, that question does not arise now. There is already a Chief Minister here. If Sonia Gandhi, Rahul Gandhi and I, together, have to take any decision in the direction of a change, it will take some time. Let's wait and see."

Amid speculations about the leadership change in Karnataka, Parameshwara said on Wednesday that everyone in the ruling Congress party will welcome, if Kharge, a senior politician with a lot of experience, becomes the chief minister.

The leadership tussle within the ruling party has intensified amid speculation about a possible change of chief minister after the Congress government completed the halfway mark of its five-year term on November 20, 2025. The speculation has been fuelled by the reported "power-sharing" arrangement between Siddaramaiah and Shivakumar at the time of government formation in 2023.

To a question on JD(S) leader and Union Minister H D Kumaraswamy's statement that about 40 Congress MLAs having booked tickets to Delhi next month, amid the leadership tussle in the Congress, Kharge said, "I don't know, ask him for details."