Has Bengaluru Court Granted Bail to Congress MLA Veerendra in Illegal Betting Case?
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Bengaluru, Dec 30 (NationPress) The Special Court for Members of the Legislative Assembly and Parliament in Bengaluru has approved bail for Congress MLA K.C. Veerendra, also known as Veerendra Pappi, in relation to an illegal betting investigation.
MLA Veerendra was apprehended by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA). He spent four months in the Bengaluru Central Jail. Veerendra represents the Challakere Assembly constituency in the Chitradurga district.
The MLA was captured on August 23 in Gangtok, where he was allegedly involved with associates in securing land for a casino operation.
Previously, R. D. Chaitra, the spouse of MLA Veerendra, submitted a Writ Petition to the High Court of Karnataka, challenging his arrest by the ED as unlawful, arbitrary, and in violation of fundamental rights.
However, the High Court upheld the ED's decision to arrest K.C. Veerendra and dismissed the Writ Petition.
During investigations, the ED discovered Rs 21 crore in cash and numerous other valuables at Veerendra's residence in Karnataka.
The ED reported, "The arrest stemmed from raids conducted at 31 locations across India, including Gangtok, Chitradurga, Bengaluru, Hubballi, Jodhpur, Mumbai, and Goa. The accused MLA is linked to multiple online betting platforms, such as king567 and Raja567, among others."
Additionally, the ED disclosed that MLA Veerendra's brother, K.C. Thippeswamy, manages three business entities based in Dubai.
The ongoing investigation into the illegal betting scheme has revealed that Karnataka Congress MLA K.C. Veerendra and his associates amassed over Rs 2,000 crore through a single gateway from various websites in a brief timeframe. The ED has uncovered transactions totaling Rs 2,000 crore and seized hundreds of crores worth of gold bars and cash from his properties across the nation.
The Karnataka BJP has accused Congress MLA Veerendra of transferring more than Rs 300 crore in funds for the upcoming Bihar elections.
The Leader of the Opposition, R. Ashoka, stated, "MLA Veerendra supposedly dispatched gold bars and over Rs 300 crore for the Bihar elections. Karnataka has become an ATM for the Congress party. They monitor contributions from each MLA to determine position allocations accordingly."