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Bengaluru Court Convicts Father-Daughter Duo in Money Laundering Case
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News18•14-10-2026, 23:00
Bengaluru Court Convicts Father-Daughter Duo in Money Laundering Case
- •A special PMLA court in Bengaluru convicted retired Karnataka Excise Department guard M Ramchandra and his daughter R Yurekha for money laundering.
- •M Ramchandra received five years of rigorous imprisonment and a fine of Rs 5 lakh, while his daughter was sentenced to three years and fined Rs 3 lakh.
- •The court ordered the confiscation of five immovable properties belonging to the convicted duo.
- •The Enforcement Directorate initiated the case in 2009 based on a Lokayukta Police complaint regarding disproportionate assets amounting to Rs 1.79 crore.
- •The daughter was specifically charged with laundering funds through a family-linked company.
Key Questions Answered
M Ramchandra was sentenced to five years of rigorous imprisonment with a Rs 5 lakh fine, while his daughter R Yurekha received three years of rigorous imprisonment and a Rs 3 lakh fine.
The Lokayukta Police complaint stated that Ramchandra possessed disproportionate assets amounting to Rs 1.79 crore, which was 171 percent more than his known sources of income.
The Enforcement Directorate booked the father and daughter in 2009 after taking cognisance of a Lokayukta Police complaint regarding disproportionate assets.