ED raids in Valmiki Development Corporation case unwarranted: D K Shivakumar
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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RCB pip CSK by two runs in last-ball IPL thriller
Bengaluru: Ayush Mhatre's 94 and Ravindra Jadeja's 77 not out went in vain as Royal Challengers Bengaluru pipped Chennai Super Kings by two runs in their IPL match here on Saturday.
Chasing 214, CSK scored 211 for 5 in their 20 overs.
Mhatre scored a 48-ball 94 with five sixes and nine fours while adding 114 runs with Jadeja (77 not out off 45 balls, 8x4s, 2x6s) for the second wicket.
For RCB, Lungi Ngidi returned with figures of 3/30.
Earlier, half-centuries from Jacob Bethell (55), Virat Kohli (62) and Romario Shepherd (53 not out) took RCB to 213 for five.
While Bethell and Kohli put on 97 runs for the opening wicket to set a platform, Shepherd blasted four fours and six sixes to make 53 not out off only 14 balls, recording the fastest fifty of the season and joint second-fastest overall.
For CSK, Matheesha Pathirana found his rhythm and lengths to return 3-0-36-3.
Brief scores:
RCB: 213 for 5 in 20 overs (Jacob Bethell 55, Virat Kohli 62, Romario Shepherd 53 not out; Matheesha Pathirana 3/36).
CSK: 211 for 5 in 20 overs (Ayush Mhatre 94, Ravindra Jadeja 77 not out; Lungi Ngidi 3/30).
