CBI goes after aide of Congress MLA D K Shivakumar
Prakash in connivance with two other bank officials had allegedly exchanged Rs 10 lakh cash in demonetised currency.
Bengaluru: There's trouble brewing for Congress MLA and former energy minister D.K. Shivakumar and his brother D.K. Suresh after the CBI on Thursday raided five places in Bengaluru, Ramanagaram and Kanakapura including the premises of Shivakumar's former aide Padmanabhaiah and B. Prakash -the then chief manager of Corporation Bank, Ramanagaram branch in an April, 2017 in a case of alleged exchange of demonetised cash of Rs 10 lakh with fresh currency through fraudulent means.
According to the FIR , which was registered by the Anti-Corruption Branch of the CBI on April 7, 2017 against Prakash and some unknown others under Section 120 B (criminal conspiracy), 420 (cheating) and 471 (using as genuine a forged document) and Prevention of Corruption Act, Prakash in connivance with two other bank officials had allegedly exchanged Rs 10 lakh cash in demonetised currency.