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ED searches against Karnataka Congress MLA in FEMA case

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....D searches against Karnataka Congress MLA in FEMA case<BR>PTI News<BR>Dated:- 10-7-2025<BR>PTI<BR>Bengaluru, Jul 10 (PTI) The Enforcement Directorate (ED) on Thursday conducted searches at the premise....

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....s of Karnataka Congress MLA SN Subba Reddy and some others in a FEMA probe linked to alleged possession of undisclosed foreign assets, official sources said. At least five premises in Bengaluru, inc....

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....luding that of the Bagepalli legislator, are being covered under section 37 of the Foreign Exchange Management Act (FEMA), they said. The probe pertains to allegations of undisclosed foreign assets ....

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....of Reddy(59), and his family members. Some deposits allegedly held by the MLA in foreign banks, investment in purchase of vehicle and immovable properties in Malaysia, Hong Kong, Germany etc. are un....

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....der the scanner of the ED, the sources said. The MLA, who represents Bagepalli assembly seat is in Chikkaballapura district, could not be contacted for a comment immediately. PTI NES DV DV<BR> News ....

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....- Press release - PIB....