Valmiki Corporation Case: Karnataka High Court Issues Notice To Congress' B Nagendra On ED's Plea To Cancel Bail

The Karnataka High Court issued a notice to Congress leader B Nagendra on the Enforcement Directorate’s (ED) plea to cancel his bail in a money laundering case linked to the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Ltd. The ED argued that the special court’s bail order had several legal flaws. The case emerged after a corporation official, Chandrasekaran, committed suicide, leaving a note alleging multi-crore corruption involving three officials. Nagendra, who resigned as the Scheduled Tribes Welfare Minister, was arrested following the investigation. The High Court emphasized that bail cancellation requires hearing the respondent. The Special Investigation Team completed its investigation and filed a chargesheet. The court set a return date for the notice and allowed the petitioner to serve the respondent’s counsel. The case highlights significant legal and procedural aspects in handling high-profile corruption and money laundering cases.