Mysore Land Scam: ED Alleges Rs.700 Crore Benami Transactions
Real Estate

Mysore Land Scam: ED Alleges Rs.700 Crore Benami Transactions

The Directorate of Enforcement (ED) has alleged that the Mysore Urban Development Authority (MUDA) allocated 1,095 sites, valued at Rupees 7 billion, through benami transactions. The findings were shared with the Karnataka Lokayukta as part of an ongoing investigation into the MUDA alternative site allotment scam, which also implicates Chief Minister Siddaramaiah and his wife, BM Parvathi.

According to the ED, its money-laundering probe revealed statutory guideline violations in land transfers, favoritism, falsification of documents, and improper practices. The investigation uncovered that the alleged irregularities extended beyond Parvathi’s case, with MUDA failing to adhere to proper procedures in site allocations.

Key Findings:

The ED identified irregularities in land conversion, highlighting that inspections reported no unauthorized constructions despite contrary satellite imagery and MUDA records. An indemnity bond submitted by BM Mallikarjuna Swamy, the CM’s brother, lacked his signature, raising questions about procedural integrity. Land originally acquired by MUDA was allegedly denotified and later sold as agricultural land despite development being underway. Swamy gifted the land to his sister, Parvathi, in 2010, six years after purchasing it. The ED claims the land was projected as legally acquired through a gift deed, despite its origins in illegal transactions. The ED further alleged that illegal compensation in the form of prime sites worth 560 million rupees was obtained through political influence. These sites were presented as legitimate compensation from MUDA.

The investigation into the land at Kesare, measuring 3 acres and 16 guntas, revealed that the land had remained with MUDA and its allottees during the purported transactions. Both Swamy and Parvathi allegedly made no attempts to take possession of the land, further indicating misuse of influence to secure prime real estate.

The Lokayukta and ED continue to probe the matter, with the allegations drawing significant political and public attention.

The Directorate of Enforcement (ED) has alleged that the Mysore Urban Development Authority (MUDA) allocated 1,095 sites, valued at Rupees 7 billion, through benami transactions. The findings were shared with the Karnataka Lokayukta as part of an ongoing investigation into the MUDA alternative site allotment scam, which also implicates Chief Minister Siddaramaiah and his wife, BM Parvathi. According to the ED, its money-laundering probe revealed statutory guideline violations in land transfers, favoritism, falsification of documents, and improper practices. The investigation uncovered that the alleged irregularities extended beyond Parvathi’s case, with MUDA failing to adhere to proper procedures in site allocations. Key Findings: The ED identified irregularities in land conversion, highlighting that inspections reported no unauthorized constructions despite contrary satellite imagery and MUDA records. An indemnity bond submitted by BM Mallikarjuna Swamy, the CM’s brother, lacked his signature, raising questions about procedural integrity. Land originally acquired by MUDA was allegedly denotified and later sold as agricultural land despite development being underway. Swamy gifted the land to his sister, Parvathi, in 2010, six years after purchasing it. The ED claims the land was projected as legally acquired through a gift deed, despite its origins in illegal transactions. The ED further alleged that illegal compensation in the form of prime sites worth 560 million rupees was obtained through political influence. These sites were presented as legitimate compensation from MUDA. The investigation into the land at Kesare, measuring 3 acres and 16 guntas, revealed that the land had remained with MUDA and its allottees during the purported transactions. Both Swamy and Parvathi allegedly made no attempts to take possession of the land, further indicating misuse of influence to secure prime real estate. The Lokayukta and ED continue to probe the matter, with the allegations drawing significant political and public attention.

Next Story
Infrastructure Transport

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Next Story
Infrastructure Urban

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Next Story
Technology

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?