The Enforcement Directorate (ED) has seized 34 immovable properties in the Karnataka Mysore Urban Development Authority (MUDA) scam case. Their value is Rs 40.08 crore. The ED has so far seized properties worth Rs 440 crore.
The ED's Bengaluru Zonal Office took this action on October 4 under the Prevention of Money Laundering Act (PMLA), 2002. The ED stated that MUDA officials and real estate agents were colluding and giving cash for site allocation and layout approval.
The investigating agency stated that former MUDA Commissioner GT Dinesh Kumar had illegally allotted 31 sites (plots) by taking bribes and used that money to purchase properties in the names of relatives and associates. Dinesh Kumar was arrested on September 16, 2024, on charges of money laundering. Currently, he is in ju