ED Attaches Rs 5.88 Crore Assets In Karnataka's Medical College Stipend Scam
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Kalaburagi: In a recent development in the stipend scam, the Directorate of Enforcement (ED), Mangalore Sub Zonal Office, has provisionally attached two immovable properties and several movable properties to the tune of Rs. 5.88 Crore (approx.), under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. The attachment has been done in connection with Mahadevappa Rampure Medical College Stipend scam, on 18.07.2025.
Further, during the check period, Bhimashankar Bilgundi had purchased two immovable properties in the names of his sons viz Rajkumar Bilgundi and Santosh Bilgundi, by paying huge cash consideration to the tune of Rs 5.87 Crore to Madhusudan Malu, through an intermediary named Shantappa Patil, without any legitimate source of income, leading to attachment of said properties.
Further investigation is under progress.
Medical Dialogues had earlier reported that a coordinated search operation was carried out in the Mahadevappa Rampure Medical College (MRMC) stipend scam in Karnataka, where the ED's Bengaluru office seized electronic records and documents from seven premises in Kalaburagi district.
The three-day search operation was conducted on April 30, May 1 and May 3 under the Prevention of Money Laundering Act (PMLA), 2002, to probe the alleged misappropriation of Rs 81.21 crore under the stipend scam.
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