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BJP Accuses Karnataka Congress Of Rs 14.95 Crore Ambedkar Corp Fraud

The agency said the complaint names five accused and outlines alleged fund diversion through fake accounts, forged documents and premature fixed-deposit closures.

Summary by rediff.com
Senior BJP leader R Ashoka has accused the Karnataka Congress government of a Rs 14.95 crore fraud in the Dr B R Ambedkar Development Corporation, following a previous alleged scam in the Maharshi Valmiki Scheduled Tribes Development Corporation. Ashoka cited an ED press release detailing the siphoning of funds through fake accounts and forged documents, demanding accountability from the Congress leadership.

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ED officials have filed an additional chargesheet against five people, including Ayub Syed, in the Rs 14.95 crore fraud case in Dr. Ambedkar Development Corporation. Money was transferred by creating fake accounts and FDs, and the ED has conducted an investigation under the PMLA Act and submitted a report to a special court in Bengaluru.

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bhaskarlive.in broke the news on Wednesday, October 14, 2026.
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