Bangalore Lokayukta police today, raided eight residences and offices of ruling party MLA M Srinivas, his son Venkatesh Babu and other associates with regard to a disproportionate asset case.
The searches were conducted under the supervisi
on of P K Shivashankara, Superintendent of Police, City Division, Karnataka Lokayukta, Additional Director General of Police, Lokayukta H N Satyanarayana Rao said in a statement.
During the raids, Srinivas, a BJP MLA from Rajarajeshwari Nagar assembly constituency was found to possess a commercial complex, a 50×80 BDA site, two industrial sheds, documents pertaining to a school and lands in his name and that of his associates, Rs one lakh cash, 690 grams of gold, Rs 54.06 lakh deposits at different banks and accounts and alt39 incriminating documentsalt39 pertaining to houses and land, Rao said.
His son, Venkatesh, was found to possess 18.19 acres of land, documents regarding a flat and also documents pertaining to four industrial sheds, three cars, a tractor, Rs 47,500 cash, two kg gold, 37 gms ruby, one carat diamond, 10 kg of silver and documents pertaining to houses and land.
Social activist, Dinesh Kallahalli had filed a complaint against Srinivas charging him and his kin with amassing wealth disporportionate to their known sources of income.