Is Ranya Rao's Gold Smuggling Case Taking a New Turn?

Synopsis
Key Takeaways
- The ED has attached Rs 34.12 crore in assets linked to Ranya Rao.
- Ranya Rao's mother is contesting her detention legally.
- 14.8 kg of gold was seized from Ranya Rao at the airport.
- The case involves connections to Karnataka's political figures.
- Public figures are under scrutiny in criminal investigations.
Bengaluru, July 4 (NationPress) - The Directorate of Enforcement (ED) has provisionally attached assets valued at Rs 34.12 crore, associated with imprisoned actress Ranya Rao and others, in a high-profile gold smuggling case.
The ED announced on its official social media platform X on Friday: "The ED, Headquarter Office, New Delhi, has provisionally attached immovable properties worth Rs 34.12 crore under the provisions of the PMLA, 2002 in a case concerning transnational gold smuggling and money laundering involving Ranya Rao, also known as Harshavardini Ranya, and her accomplices."
The confiscated assets include properties located in Bengaluru and Tumkur districts of Karnataka, as reported by the ED.
In a related development, the Karnataka High Court heard a plea from Ranya Rao's mother, challenging the legality of her daughter's detention under the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974 (COFEPOSA).
The petitioner's counsel argued that the order has not yet been validated by the advisory board, with the hearing set for July 23.
The Directorate of Revenue Intelligence (DRI) apprehended Ranya Rao after seizing 14.8 kg of gold from her at the Bengaluru International Airport.
The agency also confiscated Rs 2.06 crore worth of gold and Rs 2.67 crore in cash from her upscale Lavelle Road apartment, where she reportedly paid Rs 4.5 lakh in rent.
K. Ramachandra Rao, DGP for the Karnataka State Police Housing Corporation, expressed his devastation regarding the arrest of his stepdaughter, actress Ranya Rao, and has since been placed on compulsory leave.
The Enforcement Directorate (ED) has conducted raids on educational institutions connected to Karnataka Home Minister G. Parameshwara in Tumakuru as part of this investigation.
Sources indicate that financial transactions linked to Ranya Rao have been traced to one of the institutions associated with Parameshwara.
Karnataka Deputy Chief Minister D.K. Shivakumar commented on the ED's raids, asserting that while Parameshwara may have given money to Ranya Rao, he never instructed her to use it for gold smuggling.