ED Raids 15-Plus Locations Linked to Karnataka Minister Satish Jarkiholi in Excise Probe

The Enforcement Directorate (ED) conducted searches at more than 15 locations across Karnataka and Maharashtra in connection with an investigation into alleged irregularities in the issuance of bar licences. Premises linked to Karnataka Public Works Department Minister Satish Jarkiholi were among those searched. The investigation is examining alleged financial irregularities connected with the licensing process.

The searches are focused on the alleged issuance of 18 bar licences, according to sources. Investigators are examining allegations that Jarkiholi used his influence to facilitate the licences and that illicit funds were subsequently routed abroad. Jarkiholi had served as Karnataka's Excise Minister during the first Siddaramaiah government between 2013 and 2016.

The ED carried out searches at several locations in Bengaluru, including five premises, as well as locations in Belagavi and Maharashtra. Premises associated with Jarkiholi's brother-in-law Manjunath were also covered during the operation. Manjunath had previously been searched by the agency as part of the same broader investigation into alleged irregularities in the Karnataka Excise Department.

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The agency is also examining the alleged movement of funds generated through the licensing process. Sources said around Rs 3 crore in suspected illegal foreign funds had been detected during an earlier stage of the investigation. Investigators are now seeking to establish whether the funds were connected to the alleged irregularities and whether they were transferred outside India.

Officials are expected to scrutinise documents, financial records and electronic material obtained during the searches. The ED is attempting to trace the alleged money trail and determine the roles of individuals and entities connected with the investigation. The searches are part of the agency's ongoing efforts to establish whether the proceeds were generated through the alleged irregular issuance of licences and subsequently laundered.

The latest searches represent a further step in the investigation into the Karnataka Excise Department. The allegations remain under investigation, and the searches themselves do not establish wrongdoing by any individual. The ED's examination of financial and electronic records is expected to determine whether the suspected transactions and licensing irregularities can be substantiated.

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