Bengaluru court sends ex-RTO, wife to jail for 3 years in money laundering case

A special PMLA court in Bengaluru has convicted a former Karnataka regional transport officer (RTO) and his wife on the charge of money laundering and sentenced them to three years in jail, the ED said Friday.

Published on: Jul 30, 2022, 07:23:18 IST

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A special PMLA court in Bengaluru has convicted a former Karnataka regional transport officer (RTO) and his wife on the charge of money laundering and sentenced them to three years in jail, the ED said Friday.

former Karnataka RTO J V Ramaiah allegedly accumulated disproportionate assets of over ₹1.24 crore, which was 415.3% more than his known sources of income. (HT PHOTO.)

The Prevention of Money Laundering Act (PMLA) court also slapped the accused with a fine of ₹10,000, the federal probe agency said.

J V Ramaiah and M Lalitha were booked by the Enforcement Directorate (ED) in 2009 after taking cognisance of a case registered against them in the same year by the Karnataka Lokayukta Police in Kolar district of the state.

Ramaiah, an RTO posted at Nagamangala in Mandya district, was booked by the Lokayukta for allegedly accumulating disproportionate assets of over ₹1.24 crore ( ₹1,24,23,929) which was 415.3 per cent more than his known sources of income.

The ED, during the course of investigation, attached assets worth more than ₹70.27 lakh of the accused and filed a chargesheet against the couple in January, 2018 before the special court.

The agency said its chargesheet "withstood all the legal challenges and finally established the offences of the accused."

"The hon'ble special court, PMLA has convicted J V Ramaiah and M Lalitha under section 4 of the law (PMLA) and sentenced them to three years of imprisonment and (imposed) a fine of ₹10,000."

The attached properties have been "confiscated" by the court, it said.

ABOUT THE AUTHOR
Yamini C S
Yamini CS is a Senior Content Producer at Hindustan Times with nearly six years of experience in digital journalism. She is part of the India News desk, where she works on a wide range of stories cutting across civic issues, city-based developments, politics, governance, public policy, breaking news, trending topics, and international affairs that have an impact on India. Her role involves tracking fast-moving developments, verifying information from official and on-ground sources, and presenting news in a clear, accessible format for a digital-first audience. A significant part of her work includes handling live blogs during major news events, such as elections, court verdicts, political developments, civic disruptions, protests, weather-related alerts, and unfolding national or international incidents. Through live coverage, she focuses on timely updates to help readers follow complex stories as they evolve. Before moving to the broader India News desk, Yamini was associated with the Bengaluru desk at Hindustan Times, where she extensively covered urban governance, infrastructure, traffic and transport issues, weather events, public grievances, and civic administration in the city. This experience strengthened her grounding in city reporting and sharpened her focus on citizen-centric journalism. She began her career as a correspondent with Reuters after completing a postgraduate diploma in journalism from the Indian Institute of Journalism and New Media. Her early training instilled a strong emphasis on accuracy, sourcing, and news ethics, which continue to shape her reporting style. Outside of work, Yamini enjoys reading across genres, listening to music, and spending time with her family, which help her maintain balance in a fast-paced newsroom environment.Read More

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