New Delhi, Sept. 16 -- The Central Bureau of Investigation (CBI) is conducting searches at 16 locations across Karnataka and Andhra Pradesh in a case involving the alleged siphoning of government funds into the personal accounts of associates and relatives of a former minister.
The funds were allegedly diverted from the accounts of the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Limited (KMVSTDCL), a Government of Karnataka undertaking, held at the union Bank of India, M G Road Branch, Bengaluru.
A senior CBI official stated that the agency registered the case in 2024 based on a written complaint from the Deputy General Manager of union Bank of India. The complaint alleged cheating, forgery, and criminal misappropr...