News Karnataka
Monday, April 15 2024

Rs 55 cr transfer to inactive IOB M’luru bank a/cs, CID to takeover probe

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Mangaluru/Bengaluru: The Suratkal police have registered First Information Report (FIR) against three officers of Karnataka Rural Infrastructure Development Limited (KRIDL) on charges of alleged money laundering. As per the directions issued by the state Home department, Suratkal police have handed over the investigation to CID immediately after registering FIR.

As per sources in the state Rural Development and Panchayat Raj Department, this FIR pertains to transferring the KRIDL money to inactive bank accounts of unknown persons in Indian Overseas Bank, Gokulnagar Branch, Mangalore. Chief Finance Officer of KRIDL Veerana Gauda Patil, deputy finance officer Prashant Madala and finance superintendent Shankarachari has been kept under suspension in this regard.

“Suratkal police have not named any accused in the FIR. As per the government direction, they have registered FIR and CID will take over the investigation. A similar case has been registered in Koramangala station too,” explained an officer.

Meanwhile, as the amount involved is around Rs. 55 crores, Chief Minister Siddaramaiah has sought a report from the RDPR minister H K Patil. “It was one of the biggest embarrassing development,” concluded a senior officer from the department.

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