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BJP Alleges Major Financial Scam in Karnataka Ambedkar Development Corporation
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News18•16-10-2026, 14:47
BJP Alleges Major Financial Scam in Karnataka Ambedkar Development Corporation
- •Karnataka Leader of Opposition R. Ashoka accused the Congress government of financial irregularities in the Dr. B.R. Ambedkar Development Corporation.
- •Allegations claim Rs 14.95 crore earmarked for Scheduled Castes welfare was misappropriated using fake bank accounts and forged documents.
- •The ED filed a supplementary complaint under PMLA against five accused in the Rs 14.95 crore embezzlement case.
- •The BJP questioned Rahul Gandhi's silence and his vision of social justice in light of the alleged corruption.
Key Questions Answered
R. Ashoka alleged that Rs 14.95 crore earmarked for Scheduled Castes welfare was misappropriated through fake bank accounts, forged documents, and the premature closure of fixed deposits.
The ED stated that a fake current account was opened using forged documents and identity fraud, and four fixed deposits worth Rs 5 crore each were prematurely closed using forged deposit receipts and fake pre-closure letters.
The ED filed a supplementary prosecution complaint on October 5 against five accused, previously filed a complaint against 15 accused on March 25 seeking the confiscation of properties worth Rs 6.02 crore, and provisionally attached immovable property worth Rs 24 lakh on July 22.
