Maharshi Valmiki Corporation Scam:Ex-Minister Nagendra gets conditional bail
News

Maharshi Valmiki Corporation Scam:Ex-Minister Nagendra gets conditional bail

October 15, 2024

Bengaluru: The Special Court for People’s Representatives on Monday granted conditional bail to former Minister B. Nagendra arrested on charge of multi-crore scam at Karnataka Maharshi Valmiki Scheduled Tribes (ST) Development Corporation Ltd.

In the order pronounced on Monday, the Court has ordered Nagendra to furnish a personal bond for Rs. 2 lakh and a surety of two persons.

It may be mentioned that the Enforcement Directorate (ED) that is probing into the multi-crore scam at Valmiki Corporation had arrested Nagendra in July 2024.

A 4,970-page charge-sheet had been submitted to the Court over embezzlement of Rs. 187 crore related to the Corporation, along with a 144- page complaint.

While Nagendra was listed as Accused-1 in the charge-sheet of ED, Special Investigation Team (SIT) that had investigated into the same scam, had omitted the name of Nagendra in its charge-sheet, that had sparked a  wide debate.

Following the Court order, Nagendra, who is currently in judicial custody at Parappana Agrahara Central Prison, is expected to be released from the jail anytime today.

ABOUT

Mysuru’s favorite and largest circulated English evening daily has kept the citizens of Mysuru informed and entertained since 1978. Over the past 45 years, Star of Mysore has been the newspaper that Mysureans reach for every evening to know about the happenings in Mysuru city. The newspaper has feature rich articles and dedicated pages targeted at readers across the demographic spectrum of Mysuru city. With a readership of over 2,50,000 Star of Mysore has been the best connection between it’s readers and their leaders; between advertisers and customers; between Mysuru and Mysureans.

CONTACT

Academy News Papers Private Limited, Publishers, Star of Mysore & Mysuru Mithra, 15-C, Industrial ‘A’ Layout, Bannimantap, Mysuru-570015. Phone no. – 0821 249 6520

To advertise on Star of Mysore, email us at

Online Edition: [email protected]
Print Editon: [email protected]
For News/Press Release: [email protected]