Lokayukta raids unearth assets worth Rs 3.37 crore

The raid at the house of Commercial Tax Inspector S Siddaiah yielded movables and properties estimated to be worth around Rs 70 lakh.

Gold ornaments worth Rs 2.40 lakh, silver articles worth Rs 60.05 lakh and Rs 62,393 in cash were seized from the residence. Documents pertaining to properties in Nagarathahalli, a building in Chamaraj Mohalla, a site and house in Dattagalli second stage and a site in Nadanahalli in Mysore were found. Four vehicles, - a Maruthi Esteem and three two wheelers - were also seized.

K M Prasad, the Joint Director of Administrative Training Institute in Mysore was found to possess a building under construction in Mysore worth Rs two crore. Other properties consisted of a three-storey building in Banaswadi, Bangalore and a site in his wife’s name. Gold ornaments worth Rs 7.18 lakh and silver worth Rs 60,070 were also found. A Wagon R car was seized.

7-month surveillance

Two teams of the Lokayukta conducted raids in Hassan and Mysore. Cases have been registered against both under Prevention of Corruption Act for possessing assets disproportionate to known sources of income.

A senior Lokayukta police official said both were under scrutiny for some time and the raids were conducted after gathering information over the last seven months.