The ED sleuths on Wednesday raided 16 locations in the state under the PMLA targeting hawala operators and accommodation entry operators who allegedly made “fake” financial transactions into Rao’s accounts
G Parameshwara
The Enforcement Directorate (ED) on Thursday continued its searches at places linked to Karnataka Home Minister G Parameshwara as part of the probe into an alleged gold smuggling-linked money laundering case against Kannada actress Ranya Rao and others.
According to sources, the agency carried out seraches at Siddhartha Engineering College, Siddhartha Medical College and Siddhartha College. The ED sleuths on Wednesday raided 16 locations in the state under the PMLA targeting hawala operators and accommodation entry operators who allegedly made “fake” financial transactions into Rao’s accounts.
The ED sources said ‘an educational trust’ is suspected to have ‘diverted’ funds and made a payment of R40 lakh towards the credit card bill of Rao, allegedly on the instructions of an influential individual. Rao was arrested on March 3 in Bengaluru after arriving from Dubai. Acting on a tip-off, DRI officials detained her and seized gold bars weighing 14.2 kg and valued at over Rs 12.56 crore.
Will cooperate, says HM
Assuring full cooperation with the ED, Parameshwara said he has instructed his staff to cooperate and provide all necessary information. “As a person who believes in the law of the land, I am prepared to cooperate with whatever comes out of their verifications or searches,” he said. The HM also called on Chief Minister Siddaramaiah, apprising him of the raids.
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