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Satish Jarkiholi: ED conducts raids at 18 locations over alleged illegal foreign investments
The Enforcement Directorate (ED) has conducted extensive searches at approximately 18 locations across Bengaluru, Belagavi, Gokak, and Goa. The raids target Karnataka Public Works Department (PWD) Minister Satish Jarkiholi, his family members, including MP Priyanka Jarkiholi, and several close associates.
The investigation is reportedly focused on alleged violations of the Foreign Exchange Management Act (FEMA), specifically concerning suspected illegal overseas investments and financial transactions. Authorities are scrutinizing documents and digital evidence related to potential money laundering and irregular foreign currency dealings.
Karnataka Chief Minister D. K. Shivakumar and other Congress leaders have condemned the raids, labeling them as “politically motivated” attempts by the BJP-led central government to target influential Dalit leaders and destabilize the state administration. Conversely, BJP leaders have dismissed these claims, stating the timing is coincidental and that the investigation should be viewed as a standard legal proceeding.
Entities
B. Nagendra · D. K. Shivakumar · Enforcement Directorate · Karnataka · Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation · Priyanka Jarkiholi · Satish Jarkiholi · Y. Manjunath
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Minister T. Raghumurthy called the raids a politically motivated move by the BJP-led Union government to weaken a Congress leader. desitalkchicago.com · www.justicenews.co.in
- [● 4 SOURCES] The investigation is reportedly under the Foreign Exchange Management Act (FEMA). publictv.in · www.ibtimes.co.in · www.siasat.com
- [● 5 SOURCES] Karnataka Chief Minister D. K. Shivakumar alleged the raids were politically motivated and aimed at targeting an influential Dalit leader. www.ibtimes.co.in · desitalkchicago.com · english.publictv.in · www.newindianexpress.com
- [● 10 SOURCES] The searches included the residences of Satish Jarkiholi and his daughter, MP Priyanka Jarkiholi. www.mangalorean.com · www.prabhatkhabar.com · yespunjab.com · navabharat.news · desitalkchicago.com · +2 more
- [● 13 SOURCES] The Enforcement Directorate (ED) conducted searches at approximately 18 locations. publictv.in · www.kannadaprabha.com · www.mangalorean.com · www.prabhatkhabar.com · yespunjab.com · +4 more
- [● 3 SOURCES] This is a fresh investigation and is not linked to the ongoing excise case involving Y. Manjunath. www.prabhatkhabar.com
- [● 8 SOURCES] The operation covered locations in Bengaluru, Belagavi, and Goa. www.mangalorean.com · navabharat.news · english.publictv.in · www.bhaskarhindi.com · www.ibtimes.co.in · +1 more
- [● 12 SOURCES] The investigation involves alleged illegal transfers of money to foreign countries and overseas investments. yespunjab.com · publictv.in · navabharat.news · desitalkchicago.com · english.publictv.in · +5 more