Bengaluru, Dec. 19 -- The Directorate of Enforcement (ED), Bengaluru Zonal Office, has provisionally attached four immovable properties, including residential and commercial land and buildings, valued at approximately Rs. 8.07 crore, belonging to former Karnataka Minister B Nagendra.
The action has been taken under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with alleged misappropriation and diversion of funds from the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation (KMVSTDCL).
The ED's investigation was initiated based on multiple FIRs registered by the Karnataka Police and the CBI's Bengaluru branch regarding offences related to the misuse of KMVSTDCL funds.
Earlier, the agen...