Bengaluru Government Forms SIT to Investigate Illegal Money Transfer Case

**Bengaluru SIT Formed to Investigate Massive Illegal Money Transfer**
In Bengaluru, the Karnataka state government has taken decisive action by establishing a Special Investigation Team (SIT) to delve into an alarming case of illegal money transfer at the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Ltd. The formation of the four-member SIT, led by Manish Kharbikar, Additional Director General of Police, Economic Offences, CID, was announced on Friday.
This investigation was sparked by the tragic suicide of Chandrashekhar P, Accounts Superintendent at the Corporation, who left a note implicating several individuals in the unauthorized transfer of Rs 88.62 crore from the company’s account. Among those named were the corporation’s suspended Managing Director J G Padmanabh, Accounts Officer Parashuram G Durugannavar, and Union Bank of India Chief Manager Suchismita Rawal. The note also suggested that a minister had given verbal orders for the fund transfers.
The case has drawn the attention of the opposition BJP, which is calling for the resignation of Scheduled Tribes Welfare Minister B Nagendra due to the allegations mentioned in connection with the scam.
The probe by the SIT will focus on the complaint filed by Chandrashekhar’s widow at a Vinoba Nagar police station in Shivamogga and another case filed at the High Ground police station in Bengaluru against A Rajashekar, General Manager of the Corporation, for fund misuse.
The state government has underscored the gravity of the financial irregularities within the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Ltd, prompting the formation of the SIT with CID’s technical expertise. Additionally, the Director General and Inspector General of Police have been instructed to consolidate all related cases under the SIT’s jurisdiction and expand the team as necessary to expedite the investigation.
The government expects the SIT to report its findings promptly, aiming to address and rectify the financial misconduct within the corporation swiftly.