Karnataka Chief Minister Addresses Alleged Scam in Tribal Development Corporation

Karnataka Chief Minister Siddaramaiah has announced that action will be taken once the Special Investigation Team (SIT) submits its report on the alleged illegal money transfer scandal involving the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation.

The case came to light after a Corporation employee took his own life, leaving a note that claimed unauthorized transfers of nearly 190 crore rupees from the Corporation's account. Some of this money was allegedly moved to accounts of well-known IT companies and a bank in Hyderabad.

Three separate investigations are currently underway:

1. The Central Bureau of Investigation (CBI) is looking into the bank's involvement.

2. The Enforcement Directorate (ED) is conducting its own inquiry.

3. A state-appointed SIT is investigating the overall case.

The ED has carried out searches at multiple locations, including the premises of a former minister and the current chairman of the Corporation.

Siddaramaiah rejected calls for his resignation from opposition parties, stating that the investigation is still ongoing and no final report has been submitted. He emphasized that action will be taken and responsibilities assigned once the SIT report is available.

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Deputy Chief Minister D.K. Shivakumar questioned the necessity of the ED's involvement, noting that the SIT had already conducted searches and recovered some funds. He suggested that the government's decision to hand over the probe to the SIT should have been sufficient.

The case has led to political fallout, with a minister resigning to allow for a fair investigation. As the probes continue, the state government awaits the SIT's findings to determine the next steps in addressing this alleged financial misconduct.