Mon Sep 15 09:55:26 UTC 2025: **Summary:**

The Central Bureau of Investigation (CBI) conducted searches at the premises of former Karnataka minister B. Nagendra and 15 other locations in Karnataka and Andhra Pradesh. This action is linked to the alleged “Valmiki Scheduled Tribes Development Corporation scam,” which involves embezzlement of funds intended for the welfare of tribal communities. The investigation began as a bank loan fraud case in June 2024, but uncovered evidence of funds being transferred to the minister’s relatives. The Karnataka High Court authorized a full investigation by the CBI, transferring all related documents from the state’s Special Investigation Team (SIT).

**News Article:**

**CBI Raids Former Karnataka Minister’s Premises in Tribal Development Fund Scam**

**New Delhi, September 15, 2025** – The Central Bureau of Investigation (CBI) today conducted searches at the residence and offices of former Karnataka minister B. Nagendra and 15 other locations across Karnataka and neighboring Andhra Pradesh. The raids are connected to the ongoing investigation into the alleged “Valmiki Scheduled Tribes Development Corporation scam.”

The case revolves around allegations of embezzlement of funds earmarked for the welfare of Scheduled Tribe communities in Karnataka. The Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation was established in 2006 to implement developmental schemes for these communities.

The investigation initially began in June 2024 as a bank loan fraud matter against Mr. Nagendra. However, during the probe, the CBI uncovered records suggesting that significant funds were allegedly transferred into the accounts of the former minister’s sister and brother-in-law.

In July, the Karnataka High Court granted the CBI clearance to expand its investigation, ordering the state’s Special Investigation Team (SIT) to hand over all case-related documents and evidence to the central agency. The CBI is now conducting a full-fledged investigation into the alleged irregularities within the corporation.

This development marks a significant step in the ongoing efforts to address corruption and ensure the proper allocation of funds intended for the socio-economic development of tribal communities in Karnataka.

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