New Delhi, Sep 5: The Enforcement Directorate (ED) on Thursday said it has arrested a retired official of the Karnataka Industrial Area Development Board (KIADB) and a land broker as part of a money-laundering probe linked to an alleged fraudulent disbursal of compensation worth Rs 72 crore.
Vasantkumar Durgappa Sajjan, a retired special land acquisition officer of the KIADB, and Maibub Allabuksh Dundasi were taken into custody on Tuesday under the provisions of the Prevention of Money Laundering Act (PMLA), the ED said in a statement.
The KIADB is the nodal agency for land acquisition in Karnataka.
The money-laundering case stems from an FIR and a chargesheet filed by the Dharwad district CID, alleging that Sajjan and some other officials of the KIADB, Dharwad "conspired" with land brokers and some other accused and sanctioned an amount of Rs 19.99 crore to seven individuals on the pretext of compensation for land acquisition.
"However, these individuals had been paid compensation previously. This caused loss to the government exchequer," the federal agency said.
The ED found out that money was withdrawn "fraudulently" from the KIADB as compensation for land acquisition during 2021-22. However, compensation to the original land sellers was paid in 2010-12, the probe found.
It was found that the fraudulently-withdrawn money was transferred into bank accounts opened with fake identity and address proofs, the agency claimed.
"The actual fraudulent payments exceeded the FIR amount, reaching approximately Rs 72 crore.
"These payments were made to bank accounts opened with fake identities and then laundered through shell accounts. The funds were used to acquire immovable properties, vehicles, residential properties and fixed deposits," the ED said.
Searches were conducted by the agency in the case at a dozen locations across Karnataka last month.
ED, Bengaluru has arrested Vasantkumar Durgappa Sajjan, a retired Special Land Acquisition Officer of the Karnataka Industrial Area Development Board (KIADB), and land broker Maibub Allabuksh Dundasi on 3/09/2024 under the PMLA, 2002.
— ED (@dir_ed) September 5, 2024
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New Delhi (PTI): Congress chief Mallikarjun Kharge on Wednesday expressed disagreement with Larsen & Toubro Chairman S N Subrahmanyan's suggestion of a 90-hour work week and recalled that former prime minister Jawaharlal Nehru and BR Ambedkar had advocated that workers should not be made to work for more than eight hours in a day.
Addressing party leaders after the inauguration of the Congress' new headquarters located at 9A, Kotla Road here, Kharge lauded the work done by L&T Construction in constructing the new party headquarters.
"I would like to thank L&T construction...some dues are also left from our side," Kharge said to peals of laughter.
"I would like to thank L&T construction, architects, labourers involved in the construction. While I thank the company, but the company's CEO has made a remark of working 90 hours in a week. I don't agree with that," the Congress chief said.
A labourer works for eight hours and gets tired and that is why Nehru and Ambedkar had stated while making factory act that workers should not be made to do more than eight hours of work.
"After that someone said nine hours, but he (L&T chief) is now talking of 12 hours, 14 hours, he should leave that (view), but I thank the company because they have done a very good job. I would also like to thank the labourers for their hard work," Kharge said.
The Congress president also thanked Priyanka Gandhi Vadra for overseeing the work of construction and completion at the party's new headquarters.
Subrahmanyan had sparked an online outrage with his comments advocating a 90-hour work week and suggesting that employees should even give up Sundays.
"How long can you stare at your wife," he is heard saying in a purported video address to employees where he urged them to spend less time at home and more in the office.
His remarks reignited the work-life balance debate, first triggered by Infosys Co-Founder Narayana Murthy's suggestion of a 70-hour work week.
"I regret I am not able to make you work on Sundays. If I can make you work on Sundays, I will be more happy because I work on Sundays," Subrahmanyan is heard saying in an undated video circulating on social media.
"What do you do sitting at home? How long can you stare at your wife? How long can the wives stare at their husbands? Come on, get to the office and start working," he further said.