ED Raids 18 Premises Linked To Satish Jarkiholi Family Over ₹720 Crore Foreign Investments

The Directorate of Enforcement (ED) has raided 18 premises across Bengaluru, Belagavi, and Goa, belonging to Karnataka PWD Minister Satish Jarkiholi and his family members. The raids, which began at around 4 am, are in progress, and the ED sleuths are looking into the details of foreign investments made by the family members of Jarkiholi.

The ED has registered a fresh case against Satish Jarkiholi and is investigating the foreign investments made by his family members, including his daughter and Member of Parliament from Chikkodi, Priyanka Jarkiholi. The ED officials are checking all the documents pertaining to the foreign investments and are questioning Lakshmi, Jarkiholi's sister, and her son Rahul.

According to ED officials, Lakshmi and Rahul have invested in iron ore mining in South Africa, with a total investment of around ₹720 crore. However, they have no known source of income, and the ED is investigating how they made these investments. The mining company in South Africa has a South African national as the Director.

This raid is not connected to the Excise department scam, in which the ED had raided Manjunath, brother-in-law of Satish Jarkiholi, in June. During that raid, the ED had confiscated hundreds of wine shop licenses, cash, and foreign currencies.

The Congress in Karnataka has condemned the ED raid on Jarkiholi's family, saying that the raid was politically motivated. Karnataka Home Minister Priyank Kharge said that the BJP in the center knows that its cadre cannot win in Karnataka and is trying to face the 2028 elections through IT and ED. Chief Minister D K Shivakumar said that he was not surprised by the ED raid and has asked his party leaders to be careful about such raids.

The ED raid on Jarkiholi's family is the latest in a series of raids conducted by the agency on politicians and businessmen in Karnataka. The state is gearing up for the 2028 elections, and the raid has sparked a political row.

The Karnataka government has been facing allegations of corruption and irregularities in various departments, including the Excise department. The ED raid on Jarkiholi's family has added to the controversy surrounding the state government.

The investigation into the foreign investments made by Jarkiholi's family members is ongoing, and the ED is expected to reveal more details about the case in the coming days. The raid has sent shockwaves in the political circles of Karnataka, and the state is waiting with bated breath to see what the ED will uncover.

In the meantime, the Congress in Karnataka has vowed to fight back against what it calls politically motivated raids. The party has accused the BJP of using the ED and other agencies to target its leaders and discredit the state government.

As the investigation continues, the people of Karnataka are watching with interest to see how the case will unfold. The ED raid on Jarkiholi's family has raised questions about the sources of funding for politicians and businessmen in the state, and the agency's findings are expected to have significant implications for the state's politics.

The case is a reminder that the ED is actively investigating cases of corruption and irregularities in Karnataka, and that no one is above the law. The agency's actions are expected to send a strong message to politicians and businessmen in the state that corruption will not be tolerated.

In conclusion, the ED raid on Jarkiholi's family is a significant development in the ongoing investigation into corruption and irregularities in Karnataka. The case has sparked a political row, and the ED's findings are expected to have significant implications for the state's politics. As the investigation continues, the people of Karnataka are waiting to see what the ED will uncover and how the case will unfold.