First wicket in Siddaramaiah govt falls, Minister Nagendra resigns

The Karnataka minister for Scheduled Tribes Welfare, Youth Affairs and Sports B Nagendra tendered his resignation on Thursday to Chief Minister Siddaramaiah in Bengaluru over the alleged fraudulent transactions in the accounts of Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Limited.‘The fraudulent money transfer incident had came to light after an accounts superintendent in the Corporation, Chandrashekharan P died leaving behind a suicide note. This note revealed the unauthorised transfer of 187.3 crore rupees belonging to the Tribal Welfare Corporation.
The deceased had reportedly named the corporation’s now-suspended managing director JG Padmanabh, accounts officer Parashuram G Durugannavar, and Union Bank of India chief manager Suchismita Rawal in the note, while also stating that the “minister” had issued oral orders for transferring the funds.
‘Union Bank of India, which had the account of the Corporation, had lodged a formal complaint against the money transfer and the case was referred to CBI.The federal agency has already filed an FIR in the case. The Karnataka State Government too has set up the Special Investigation Team to probe the allegations.
‘A BJP delegation led by the leader of the Opposition in Legislative Assembly R Ashok and party state President B Y Vijayendra had met the Governor seeking his intervention to direct Chief Minister Siddaramaiah to seek the resignation of Minister B Nagendra.

(State Correspondent)