
ED Attaches Property Worth Rs 100 Crore In MUDA Scam Linked To Siddaramaiah
The Directorate of Enforcement (ED) has provisionally attached 92 sites allotted by Mysore Urban Development Authority (MUDA) to ‘entities such as housing cooperative society and individuals who are front/dummy for influential persons, including MUDA officials’, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. As on June 9, the sites have a market value of ₹100 crore.
Earlier in January, ED had provisionally attached 160 MUDA sites having a market value of approximately ₹300 crore, mostly those registered in the name of realtors and other individuals.
With this, the total value of assets provisionally attached has gone up to ₹400 crore.
Though the case pertains to 14 alternate sites allotted to Parvathi B. M., wife of Karnataka Chief Minister Siddaramaiah, which ED has found fault in, ED hasn’t attached those sites as Ms. Parvathi returned them to MUDA.