India

Karnataka: Accused Diverts ST Funds To Buy Lamborghini For Rs 3.3 Crore

BENGALURU: A key figure in the Rs 94-crore Scheduled Tribes (ST) fund scam purchased a used Lamborghini for Rs 3.3 crore from a Hyderabad auto dealer using funds intended for the development of Scheduled Tribes in Karnataka. This extravagant purchase was short-lived as authorities quickly traced the money trail, seized the vehicle, and returned it to the dealer, recovering the Rs 3.3 crore.

According to sources, the Special Investigation Team (SIT) arrested 36-year-old Satyanarayana Varma in Hyderabad on June 13. In addition to the car, the police seized Rs 8.2 crore belonging to the Karnataka Maharshi Valmiki ST Development Corporation Ltd.

During interrogation, Varma admitted to buying the Lamborghini for Rs 3.3 crore. SIT officials verified this claim with the car dealer, though they did not disclose the model or other details of the vehicle.

Also read: Old Video Shows IAS Officer Puja Khedkar’s Mother Threatening Farmers With Gun

The SIT is continuing its investigation into the scam involving the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Ltd. B Nagendra, a former Karnataka minister, resigned in early June following allegations of fund diversion, which reportedly took place in March-April.

Kavya Bhatt

Recent Posts

iQOO 15 5G To Launch In India In November: Amazon Availability Confirmed

iQOO 15 5G launching in India November 2025 with high-end specs, gaming, and camera features.

3 hours ago

Social Security Payments Set For 2.7% Increase In 2026, Reports Suggest

The US Social Security Administration is expected to announce a 2.7% COLA increase for 2026,…

3 hours ago

Dr Sudipto De Highlights Diet Choices That Support Hormonal Balance And Cellular Health

Dr Sudipto De of Metro Hospital shares five superfoods, flaxseeds, berries, fibre, olive oil, and…

3 hours ago

Rohit Sharma’s Fighting Knock Earns Praise From Abhishek Nayar

Abhishek Nayar says Rohit Sharma’s gritty 73 against Australia at Adelaide will deeply satisfy the…

4 hours ago

CDSCO Flags 112 Drug Samples As ‘Not Of Standard Quality’ In September

CDSCO flags 112 drug samples as NSQ in September; Chhattisgarh sample found spurious.

4 hours ago

PIB Fact Check Exposes Deepfake Video Falsely Showing PM Modi Endorsing Investment Scheme

PIB Fact Check exposes deepfake showing PM Modi, warns public against fake investment scams online.

5 hours ago