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ED raids premises of Karnataka Cong MLA in money laundering probe

Karnataka Congress MLA K Y Nanjegowda's properties as well as a few of his affiliated businesses in the regions of Kolar and Malur are being searched by the ED, the official sources informed.

Karnataka Congress MLA K Y Nanjegowda's properties as well as a few of his affiliated businesses in the regions of Kolar and Malur are being searched by the ED, the official sources informed.
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By PTI

Published : Jan 8, 2024, 12:17 PM IST

Bengaluru (Karnataka):The premises of Karnataka Congress MLA K Y Nanjegowda and some of his linked entities were raided on Monday morning by the Enforcement Directorate as part of a money laundering investigation, official sources said.

The 61-year-old legislator represents the Malur seat in the Karnataka assembly. The searches are covering his premises and some of his linked entities in Malur and Kolar districts as part of a investigation under the Prevention of Money Laundering Act (PMLA), the sources said. The ED case is understood to have been filed on the basis of some local police FIRs. Nanjegowda is also the president of the Kolar-Chikkaballapur Milk Union Ltd.

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