NEW DELHI: The Enforcement Directorate (ED) on Saturday arrested Karnataka Congress MLA KC Veerendra in Gangtok for his alleged involvement in unlawful on-line and offline betting.The MLA, alongside along with his associates, had travelled to Gangtok in Sikkim, the place he was allegedly leasing a chunk of land for a on line casino.Veerendra was arrested a day after the anti-money-laundering company carried out a raid on his 30 premises, which led to the seizure of Rs 12 crore in money, together with roughly one crore in overseas foreign money, gold jewelry value Rs 6 crore (approx) and silver articles round 10 kgs, together with 4 automobiles.
Hoard of money ED recovered
The central company additionally froze 17 financial institution accounts and two financial institution lockers. Many properties associated paperwork had been additionally seized from the premises of Veerendra’s brother, KC Nagaraj, and his son, Pruthvi N Raj. His different associates — brother Ok C Thippeswamy, and Pruthvi N Raj — had been allegedly dealing with operations of on-line gaming from Dubai.Incriminating materials seized throughout search proceedings indicated “complicated layering of money and different funds”.Veerendra was arrested and produced earlier than a Gangtok judicial Justice of the Peace to futher determine the proceeds of crime.In Goa, ED searched 5 casinos — Pet’s On line casino Gold, Ocean Rivers On line casino, Pet’s On line casino Delight, Ocean 7 On line casino and Huge Daddy On line casino, all associated to Congress MLA, as a part of cash laundering case. “The searches have revealed that the accused (KC Veerendra) is working a number of on-line betting websites, like King567, Raja567, Pet’s003, and Rathna Gaming. Additional, the brother of the accused, KC Thippeswamy, is working three enterprise entities from Dubai: Diamond Softech, TRS Applied sciences, Prime9Technologies,” sources mentioned, including that these entities are associated to name centres and gaming enterprise of Ok C Veerendra.