ED questions Ex-Karnataka Minister Nagendra's wife in Valmiki Corporation scam case
Bengaluru (PTI): The Enforcement Directorate (ED) on Wednesday questioned former minister B Nagendra's wife in connection with the Rs 187 crore scam in a state-owned corporation here.
The ED sleuths summoned Manjula for interrogation in the alleged financial irregularities in the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation.
Nagendra, a Congress MLA, is already in the ED custody.
The alleged illegal money transfer scam involving the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Ltd came to light after its accounts superintendent, Chandrashekhar P, died by suicide on May 26, leaving behind a note.
The note revealed the unauthorised transfer of Rs 187 crore belonging to the Corporation from its bank account, and said that out of the sum, Rs 88.62 crore was illegally moved to various accounts allegedly belonging to 'well-known' IT companies and a Hyderabad-based cooperative bank among others.
Scheduled Tribes Welfare Minister B Nagendra tendered his resignation on June 6 after allegations were made against him in connection with the scam.
The ED, which joined the probe after the Union Bank of India lodged a complaint with the Central Bureau of Investigation, had previously raided Nagendra and Valmiki Corporation Chairman Basanagouda Daddal, who is Raichur Rural Congress MLA.
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Session on managing family conflicts to be held in Mangaluru on April 11
Mangaluru: Confederation of Indian Industry (CII) in association with Family Business Network India is set to organise a session on “Managing Family Conflict: Navigating Differences and Disagreements” on April 11, 2026.
The event will be held at Taj Vivanta in the city from 10 am to 5 pm.
The session will be led by family business advisor Dr. N. Krishnan.
The programme will focus on building governance structures for stability and continuity, Building trust-based systems for long-term harmony, Strengthening relationships while safeguarding the enterprise, Creating clarity, fairness, and alignment across generations and frameworks to separate family, ownership and business roles, along with strategies to turn disagreements into constructive decision-making.
