Former Corporator Disproportionate assets case: ED attaches Rs 3.35 crore assets

Dr B Thomas (Special correspondent)

The Directorate of Enforcement (ED),on Monday, provisionally attached immovable assets to the tune of Rs 3.35 crore in the Disproportionate Case involving CG Gowramma,the former corporator of Azad Nagar in Chamarajpet and her husband Govindaraju.

The ED initiated a money laundering investigation on the basis of the chargesheet filed by the Karnataka Lokayukta Police,Bengaluru against the couple for offence committed under sections of the Prevention of Corruption Act,1988,and sections 120-B,criminal conspiracy of the Indian Penal Code in an FIR registered by the Karnataka Lokayukta Police, Bengaluru.

Investigation by ED revealed that Gowramma during the period as a corporator misused her official position and generated proceeds of crime in collusion with her husband and laundered the generated proceeds of crime by crediting the same into their bank accounts in cash as well as by acquiring various immovable properties in cash.

CG Gowramma and her husband Govindaraju were alleged to have acquired disproportionate assets to the tune of Rs 3.46 crore during the check period from financial year 2010-11 to financial year 2012-13.

The immovable properties, thus identified include agricultural land,residential plots as well as commercial sites.

These were at least 12 properties in and around Bengaluru city, and the police during a raid in 2012 had found 3.3 kilograms of gold ornaments, silver articles weighing 21 kilograms and four cars in the name of the couple and their family members.

Moreover,the couple had also purchased properties in Chamarajpet,Azadnagar, Machenahalli in Nelamangala,Kengeri and Machohalli in Magadi.