Bengaluru, Jun 7 (PTI) Karnataka Governor Thaawarchand Gehlot has accepted the resignation tendered by Scheduled Tribes Welfare Minister B Nagendra with immediate effect, the Raj Bhavan said on Friday.

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Nagendra quit on Thursday amid allegations of illegal transfer of money from a state-run Corporation.

The Chief Minister Siddaramaiah had recommended to the Governor to accept the resignation, a Raj Bhavan communiqué said.

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In connection with the misappropriation of funds amounting to Rs 87 crore by committing fraud through illegal transfer in Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Limited, its employee Chandrashekhar P had committed suicide and in his death note, he had seriously complained about the pressure on him from higher level to transfer the funds, the communique said.

Both the state government and CBI have filed separate FIRs in this regard, it said.

Nagendra, also Youth Empowerment and Sports Minister, was allegedly involved in the fraud case of the Corporation, the communique said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)