The Enforcement Directorate (ED) arrested KC Veerendra, the Karnataka MLA representing the Chitradurga constituency, on Saturday in Gangtok in connection with an investigation into illegal online and offline betting. The ED’s operation resulted in the recovery of approximately Rs 12 crore in cash, which includes roughly one crore in foreign currency. In addition to the cash, the ED seized gold jewelry worth Rs 6 crore, silver articles weighing about 10 kilograms, and four vehicles. These seizures were carried out under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
Enforcement Directorate Acts: Karnataka MLA KC Veerendra Arrested, Millions in Cash and Assets Recovered in Betting Case
India
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