Route leading to BSYs exit
Route leading to BSYs exit
BANGALORE: In his final report on illegal mining, Lokayukta Justice N Santosh Hegde indicted B S Yeddyurappa on two counts. First,..

BANGALORE: In his final report on illegal mining, Lokayukta Justice N Santosh Hegde indicted B S Yeddyurappa on two counts. First, for receiving Rs 10 crore from South West Mining Company (SWMC) by Prerarna Educational Trust, which is run by his sons B Y Vijayendra and B Y Raghavendra, and son-in-law R N Sohan Kumar.The trust received two Rs 5-crore cheques on March 17 and 18, 2010, from the financially weak SWMC. Upon tracking the money trail, it became evident that SWMC got this money from JSW Steels, though there was no trading of iron ore between the two companies. Further, the report stated that JSW Steels gave Rs 10 crore to the Trust.The second charge against Yeddyurappa was that between August 8, 2010 and  September 9, 2010, Rs 20 crore was paid through cheques to his sons and son-in-law. Upon investigation, it was found that “an abnormal payment of huge amounts were made in favour of certain individuals” for purchase of land at Bangalore. The Rs 20 crore came in through a circuitous route, originating from JSW Steels limited via Jindal Parayiar Oxygen Company Ltd and finally to SWMC. “The circumstances and the manner in which the donation was made gives rise to the suspicion that this money is not a donation, but it was paid for some other consideration,” the report stated, adding, “Convoluted transfer (of funds), coupled with contradictions in the agreement of sale and the actual date of payment of consideration, creates genuine doubts.”

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