₹35.6-cr assets uncovered in massive Lokayukta raids across Karnataka

Karnataka Lokayukta police raided eight officials, uncovering ₹35.6 crore in disproportionate assets across 42 locations linked to them.| India News

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The Karnataka Lokayukta police conducted coordinated raids on eight government officials, uncovering alleged disproportionate assets worth more than ₹35.6 crore.

Search operations were carried out at 42 locations, including residences, offices, and properties belonging to relatives of the accused officers.

According to officials, investigators found immovable assets valued at ₹24.05 crore and movable assets worth ₹11.59 crore, taking the total value of the assets under scrutiny to ₹35.65 crore.

Among those raided was the CEO of the Singanayakanahalli Raita Seva Sahakara Sangha, Shashidhar R, who was found to possess assets worth ₹4.25 crore.

Other officials against whom searches were conducted include Dr HC Indresh, Vasanth Valappa Naik, Sathish S, MK Surakod, Asif Iqbal Khaleel, Prakash Irappa Ghodbale, and Veeresh Rudraiah Hiremath.

Investigators said the largest value of assets was allegedly linked to Khaleel, an assistant executive engineer with the Karnataka Urban Water Supply and Drainage Board in Mysuru, estimated at around ₹8.81 crore.

Lokayukta officials said the raids were conducted following complaints and intelligence inputs alleging accumulation of wealth beyond known income sources.

Further investigation is under way to determine the exact extent of the assets and whether others were involved in helping conceal them.