India

Ex-BJP Minister Janardhana Reddy Arrested In Bribery Case

Bengaluru: Former BJP Minister G Janardhana Reddy has been arrested by the Crime Branch (CCB) unit of Bengaluru police in the Ambient Group bribery case.

The Ballari’s mining baron was arrested along with his close aide Ali Khan after being grilled for hours at the CB office on Saturday evening.

Ali Khan, a close aid of the former minister, was also arrested.

The former Minister had allegedly received Rs 20 worth of gold to help a private firm, Ambident Pvt Ltd, in a money laundering case pursued by the Enforcement Directorate (ED).

Ambident has been accused of duping 15000 people of Rs 600 Crores via Ponzi schemes.
Its owner Syed Ahmed Fareed, had approached Reddy for help in dodging investigations launched by ED in the aftermath of cases registered by Bengaluru police this year.
The gold was allegedly transferred by Ambident through a Bellary-based jeweller Rajmahal Fancy. Ali Khan was the negotiator.

Reddy was rumoured to have fled the city a while back. He, however, released a video message stating that he was not absconding.

The former minister was out on bail after having spent three years in jail on charges of corruption.

OB Bureau

Recent Posts

Rain May Continue In Bhubaneswar & 12 Odisha Dists Till 9PM Today

Bhubaneswar: Light to moderate rain may continue in Bhubaneswar till 9 pm, the India Meteorological…

2 minutes ago

Awards Are Motivational, But Not My Goal: Manu Bhaker on Khel Ratna Award Row

New Delhi: The Paris Olympics medallist and shooter Manu Bhaker has broken the silence over…

16 minutes ago

Sacked Odisha IAS Officer Vinod Kumar Convicted In 10th Loan Fraud Case

Bhubaneswar: A Vigilance court here on Tuesday awarded three years rigorous imprisonment (RI) to dismissed…

18 minutes ago

Ex-Bank Manager Sentenced To 3-Yr RI For Issuing ATM Cards To Deceased Pensioners In Odisha’s Balasore

Balasore: A Designated Court has sentenced a former branch manager of Bank of India to…

33 minutes ago

MoU For Naphtha Project With IOCL & Ground Breaking Of Yarn Project In Jan During Utkarsh Odisha

Bhubaneswar: The Odisha government will sign an MoU with Indian Oil Corporation Ltd (IOCL) for…

46 minutes ago

Did You Know The Driver Of LPG Tanker That Caused Fire On Jaipur Highway Is Alive? Here’s How

Jaipur: Much to everyone’s surprise, the driver of the tanker carrying Liquid Petroleum Gas (LPG),…

1 hour ago

This website uses cookies.