India

Karnataka CBI Charges Former Minister B. Nagendra in Tribal Welfare Scam

The Central Bureau of Investigation (CBI) has filed three charge sheets in relation to a significant welfare fund misappropriation case involving the Karnataka Maharishi Valmiki Scheduled Tribes Development Corporation Limited. Former Minister B. Nagendra, along with his associate Nekkanti Nagaraj and former KMVSTDCL Managing Director Padmanabha J.G., are named as key conspirators. The investigation revealed fraudulent activities resulting in the diversion of nearly ₹187 crore, implicating numerous individuals including bank officials and government employees. The case highlights alarming financial irregularities in the state's welfare programs.

MBN India Reporter

MBN India Reporter

Jun 2, 2026

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Karnataka CBI Charges Former Minister B. Nagendra in Tribal Welfare ScamWire Service: IANS

Key Takeaways

  • CBI charges B. Nagendra in welfare fund scam
  • ₹187 crore allegedly misappropriated by conspirators
  • Investigation reveals systemic fraud in welfare programs

So this whole Karnataka Valmiki Corporation scam is just getting deeper and deeper . CBI has now taken major steps and it looks really bad for some big names .

On June 2,2026,the agency filed three charge sheets and former Karnataka Scheduled Tribes Welfare Minister B. Nagendra has been named as primary accused . This isn't just small corruption,it looks like a huge,planned scheme .

The whole thing started with a complaint from Union Bank of India (UBI) about some fishy activities at their M.G. Road branch in Bengaluru . Now we are seeing it involves senior government officials,bank employees,and many private individuals.

And honestly,the numbers are just shocking . investigation found that almost ₹187 crore was deposited into a KMVSTDCL account,and from that,a massive ₹89.63 crore was just diverted using forged transactions.

This is public money meant for tribal welfare . And it was just siphoned off .

Few things standing out here:

  • Nearly ₹89.63 crore was diverted through forged transactions.
  • Accused allegedly used 18 fake bank accounts with forged documents to move the money.
  • Evidence suggests minister B. Nagendra received ₹1.20 crore in kickbacks through associate.

But the fraud wasn't just about diverting funds directly . CBI also found issues with tenders for projects like Smart Computer Labs and even roti-making machines,valued at ₹13.95 crore . Portions of this money also allegedly went to Nagendra and his people.

There was also one skill development project worth ₹4.90 crore given to Karnataka German Technical Training Institute (KGTTI) which was subcontracted without following proper tender process . It's like every corner they looked,they found something wrong.

CBI has identified at least 30 people involved in this whole mess . Officials from KMVSTDCL,Union Bank,and other private companies are all part of this conspiracy.

You just read about this and wonder how systems meant to help marginalized communities can be misused so badly . The scale of this fraud is just something else… and you have to think,is this just tip of the iceberg…

Wire Service: IANS
#B. Nagendra#Karnataka#CBI#KMVSTDCL#tribal welfare#Nekkanti Nagaraj#Padmanabha J.G.#fraud#Union Bank#corruption

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