Ranya Rao gold smuggling case: ED conducts raids in Bengaluru under PMLA

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Ranya Rao gold smuggling case: ED conducts raids in Bengaluru under PMLA - Business Standard

Quick Summary:

Ranya Rao was in DRI’s custody for three days, following which she was produced before a judge at a Special Court for Economic Offences, where she alleged verbal abuse at the hands of the official.

The agency recovered gold bars worth Rs 12.56 crore and moved the searches then to her residence in Bengaluru from where they recovered Rs 2.67 crore in cash and gold jewellery worth Rs 2.06 crore.

Whereas, when it came to the MUDA case, though an ED inquiry was going on, Siddaramaiah went ahead with the Lokayukta inquiry to free himself from the corruption allegations.