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.
These gifts to world leaders reflect the diverse traditions, arts, and crafts of India, emphasizing…
Dr Singh stressed the importance of reaching a GDP of $15 trillion by 2047 to…
Criminal lawyer Vijay Aggarwal weighed in on the charges against Adani. He believes the indictment…
After a major sell-off earlier in the week, Adani Group stocks, led by Ambuja Cements…
A sharp rally in financial stocks and encouraging US labor market data fueled the uptrend.…
PM Narendra Modi held 31 bilateral meetings and discussions during his visit to Nigeria, Brazil,…