The 54-year-old Bellary Rural MLA appeared before the agency and his statement was recorded under the Prevention of Money Laundering Act (PMLA), the ED officials said.
ED initiated investigation on the basis of various FIRs registered by Karnataka police and Bank Securities & Fraud Branch (BS&FB), CBI, Bengaluru, in connection with offences related to misuse/ divers ...
It was alleged that about Rs 90 crore was fraudulently transferred to accounts opened in the names of fictitious business entities, to which G Satyanarayana Varma, a civil contractor helped.
The petitioners have stated that there is the possibility of not investigating the larger conspiracy into the misappropriation of money belonging to the scheduled caste.
