Police recover land worth Rs 100 crore

Mystery shrouds the suo motu case registered against four of a family
Last Updated 26 March 2011, 19:02 IST

Police Commissioner Shankar Bidari told mediapersons here on Saturday that the police had recovered 7,605-sq metre land worth Rs 100 crore in survey no. 28 (old no. 18) on Miller’s Tank Bund Road (vacant land opposite KSFC), Vasanthnagar.

He said that V Ramaiah and his family members of CV Raman Nagar had sold the land using fabricated records to Yashlakshmi Constructions Ltd at Dharangutti in Kolhapur district in Maharashtra, for Rs 45.62 crore. A sale deed had also been executed and registered at the Indiranagar sub-registrar office, he said.

Preliminary investigations revealed that the land grant order, khata and treasury receipts were all fabricated and some of the records were in the name of Eramma, Ramaiah’s mother, who was already dead, Bidari said.

According to sources, the four suspects in the case, Ramaiah (74), R Surendra Babu (42), R Ashok Kumar (40) and R Jaipal (38) have obtained anticipatory bail.

The police made a breakthrough when they discovered that the receipts for the money credited into the government treasury were dated November 10, 1965, and January 1, 1953, which fell on a Sunday.

Ramaiah’s son Surendra Babu had contested the 2009 Lok Sabha election from the Bangalore North constituency and lost. There were eight cases registered against him and six had been settled out of the court, said Bidari.

However, the police commissioner did not clarify as to why the construction company had not come forward to lodge a complaint, or what happened to the Rs 45.62 crore received by the accused; or why the police have taken unusual interest in the particular case when there are hundreds of similar cases filed or reported in various police stations in the City.

(Published 26 March 2011, 19:02 IST)

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