Bengaluru Court Grants Bail To Congress' B Nagendra In Money Laundering Case Linked To Valmiki Corporation

A special court in Bengaluru on Monday (October 14) granted bail to Congress leader B Nagendra who was arrested in a money laundering case in connection with the alleged "scam" relating to Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Ltd.

The Special court allowed the bail application filed by the former Minister, who was arrested by the Enforcement Directorate (ED) on July 12.

The Valmiki case came to light after an official of the corporation Chandrasekaran who worked as a Superintendent died by committing suicide and left a note containing an allegation of multi-crore corruption in the corporation.

In a six-page suicide note recovered by the police, Chandrasekaran mentioned the names of three officials and alleged corruption worth crores in the corporation, demanding action against the named officials. Subsequently, the Scheduled Tribes Welfare Minister, B Nagendra had resigned and was arrested.

The Special Investigation Team formed by the State Government has completed the investigation in the case and filed its chargesheet in the special court.