Karnataka court slaps ₹5 crore fine, 7 years jail on five persons for misappropriating Mandya Urban Development Authority funds

The accused were found to have hatched a conspiracy to cheat the Mandya Urban Development Authority out of ₹5 crores.

A Karnataka court recently sentenced five persons to 7 years in jail and also imposed fine of ₹1 crore on each of them (total of ₹5 crore) for misappropriating funds of the Mandya Urban Development Authority (MUDA).

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