ED locks Rs 100 crore properties in Muda scam, total now Rs 400 crore

MYSURU: Enforcement Directorate, which is probing the alleged Mysore municipality improvement authorization tract scam, has attached 92 properties successful Muda-developed layouts collectively valued astatine Rs 100 crore. Karnataka CM Siddaramaiah and household were nether the scanner successful the alleged scam arsenic the CM's wife, Parvathi, had been allotted 14 sites successful fashionable layouts successful Mysuru successful a land-swap woody for 3 acres and 16 guntas nether the 50:50 scheme.

After a contention erupted, she returned the sites to Muda. A Lokayukta probe had cleared the CM successful the alleged case.Earlier, astir 160 sites, worthy Rs 300 crore, had been attached, taking full worth of seized onshore to Rs 400 crore. Karnataka govt precocious renamed the municipality assemblage arsenic Mysuru Development Authority.ED has invoked Prevention of Money-Laundering Act, 2002 to connect the properties, which efficaciously pre-empts immoderate transaction connected these properties successful premier Mysuru metropolis locations.

The attached properties are registered successful the names of institutions specified arsenic lodging cooperative societies, oregon individuals.An ED property enactment claimed its probe revealed large-scale scam successful the allotment of Muda sites by flouting govt orders and by fraudulent means. Muda officers allegedly illegally allotted sites to ineligible individuals & institutions, it said.