Karnataka: Cops raid private firm in corruption probe against top IAS officerhttps://indianexpress.com/article/india/india-news-india/karnataka-cops-raid-private-firm-in-corruption-probe-against-top-ias-officer/

Karnataka: Cops raid private firm in corruption probe against top IAS officer

The Lokayukta probe against Mohan started after a raid at a north Bengaluru flat by the Karnataka CID led to the recovery of Rs 4.37 crore cash and 2.5 kg of gold and diamonds.

As part of its investigations into a corruption case against a senior IAS officer in Karnataka, the state Lokayukta police on Wednesday raided the offices of a private firm, Gemini Stocks and Shares Pvt Ltd, which received shares worth Rs 1.25 crore from a firm allegedly linked to IAS officer Kapil Mohan.

Earlier, the Lokayukta probe had also reportedly found that PSK Finance Solutions, a firm run by Mohan’s father, mother and son, had received funds to the tune of Rs 1.75 crore from Naveen Prabhudev Patil, a promoter of Gemini Stocks and Shares, and his relative, Usha Patil, in 2014. What got the Lokayukta sleuths interested in these transactions was that fact the promoter of Gemini Stocks was also the owner of a power firm, Dishaa Power Corporation, that was allotted eight small hydro projects by the Karnataka Renewable Energy Development board during Mohan’s tenure as its managing director.

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The Lokayukta probe against Mohan started after a raid at a north Bengaluru flat by the Karnataka CID led to the recovery of Rs 4.37 crore cash and 2.5 kg of gold and diamonds. The flat was later found to be registered in the name of PSK Finance. The police are separately investigating the IAS officer in connection with the child pornography videos seized from the same flat linked to him.

Meanwhile, Mohan, who was summoned by the State Commission for Protection of Child Rights Wednesday over the child pornography probe, wrote to the commission stating that he was not linked to the case or the north Bengaluru apartment.

House panel to meet on Lokayukta impeachment today

Bengaluru: A business advisory council meeting of the two houses of Karnataka legislature is set to meet Thursday to decide the fate of petitions by the BJP and JD(S) for the impeachment of Karnataka Lokayukta Justice Bhaskar Rao. No member of the ruling Congress party has signed the petitions. ENS