ED Arrests Karnataka Congress MLA Satish Sail On Money Laundering Charges

The Enforcement Directorate arrested Karnataka's Karwar Constituency MLA Satish Sail on money laundering charges on Tuesday. The charges date back to illegal iron ore export case in 2010. The value of illegal exports was put at Rs 87 crore. The arrest happened during inquiry at ED office. Officials brought Sail to Bengaluru Tuesday night for testing at Bowring Hospital before producing him before the magistrate.

The arrest happened because of Sail failed to appear before ED officials repeatedly and he did not request for more time either. ED will seek further custody to probe the accused MLA.

ED conducted raid at Sail's residence in connection to iron ore export case on Aug 13 and Aug 14 and detected illegal property, cash, and jewels. Investigators have also seized a huge quantity of gold and cash. ED officials carried out the search operations at Goa, Mumbai, Karwar, and Delhi, targeting properties owned Sail.

The investigators said that Sail with other business entities and Belekeri Port officials have illegally exported iron ore worth Rs 1.2 lakh tons between April 19, 2010 and June 10, 2010. Sail is the third congress leader who got arrested by central agencies in recent times.