In a significant political development in Karnataka, Minister B Nagendra has announced his resignation from the state cabinet. Representing the Bellary Rural assembly constituency, Nagendra held the portfolio for the Planning and Statistics Department. His resignation follows heavy pressure and allegations linked to financial irregularities in the state scheduled tribe development body.
The Valmiki Corporation Scam and Financial Allegations
The controversy centres on the alleged misappropriation of 90 crore rupees belonging to the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation. Investigators uncovered unauthorized transfers of public funds meant for tribal welfare programs into private and shell accounts. The Enforcement Directorate launched a probe into the money laundering aspect, leading to the arrest and interrogation of B Nagendra, whose ED custody was subsequently extended through 22 July.
Investigative Friction and Legal Turmoil
The high-profile investigation also triggered a standoff between federal enforcement authorities and state police. Following allegations that investigating officers were attempting to falsely implicate political figures, a local police case was registered against ED officials. Despite the conflict, central investigators continued gathering evidence regarding the movement of illicit funds.
Cabinet Dynamics and Leadership Response
Addressing the development following Nagendra's offer to step down, the Karnataka Chief Minister emphasized party unity and discipline. Reacting to the resignation offer, the Chief Minister stated that Congress leaders are disciplined soldiers who adhere to organizational decisions. Meanwhile, discussions regarding an impending cabinet reshuffle have gained momentum, with several ruling party legislators publicly expressing their desire for ministerial berths.





















