The move come days after the Enforcement Directorate (ED) last month filed a money-laundering case against Karnataka Chief Minister Siddaramaiah and others, following a recent First Information Report by the state Lokayukta related to the MUDA that has seen the Congress leader in deep trouble
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The scam surfaced after social activist Snehamayi Krishna filed a complaint against Siddaramaiah and nine others for allegedly forging documents to claim compensation from MUDA
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While Karnataka managed to secure the third spot with Rs 54,427 crore worth of foreign direct investment (FDI) in 2023-24, it witnessed a decline from Rs 83,628 crore FDI in 2022-23
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