According to the Indian Express reports, the ED recently raided Karnataka Congress leader R M Manjunath Gowda’s several properties as part of its inquiry into an alleged scandal at the Shivamogga District Cooperative Central Bank.
Earlier a protege of B.S. Yediyurappa, Gowda happens to be now close to Karnataka Deputy Chief Minister D K Shivakumar. He is infamous for switching sides.
In 2014, when Gowda was chairman of the DCC, he was arrested for allegedly disbursing loans against fake gold.