Shobha bought land in Kodagu soon after becoming minister

Minister availed of loan and land by giving fake address

Shobha bought land in Kodagu soon after becoming minister

The minister then was holding the Rural Development and Panchayat Raj portfolio. The 90 acres of redeemed land in Tannimani Survey No 6/1 and land measuring 76.40 acres in Survey No 6/2 was purchased in July 17, 2008 at a cost of Rs 5.10 crore (Government value).

The land belonged to B Abdul Rahman of Ashoknagar, Mangalore. Sebastian Antony and K Lakshman, directors of the company registered the land paying a stamp fee of Rs 43,22,250 at the Deputy Registrar’s office here. Sebastian Antony paid Rs 43,19,700 (the stamp fee is Rs 43,22,250) through a demand draft purchased from SBM branch in Kankanady and the remaining Rs 2,550 was paid in cash.

Documents show the company paid Rs 5.10 crore into Abdul Rehman’s bank account through a Federal Bank account in R T Nagar branch in Bangalore.

The land originally belongs to two brothers - Krishna Bhat and Venkataramana. They owned 83.20 acres of land each.

On December 13, 1930, Krishna Bhat sold his share of land to Venkataramana., making the land a single parcel of 166.40 acres. The land was later purchased by Mohammed Kunhi, who gave the power of attorney to his son Abdul Rehman.

The land was purchased by Sebastian and K Lakshamana. Lakshamana and Shobha  are children of Monappa Gowda.

Land prices in Bhagamandala are considered to be the highest in Kodagu District and vary from Rs 15 to 18 lakh an acre. Even if the price is considered at Rs 15 lakh per acre, the total worth of land Shobha Karandlaje purchased for Kapila Manjushree Apparels, is at least Rs 24.96 crore.

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