The High Court of Karnataka has declined to quash criminal proceedings initiated against Sandeep Dash, a sacked bureaucrat, for allegedly diverting ₹30 crore fund of Bangalore Metro Rail Corporation Ltd. (BMRCL), investing it in mutual funds and making personal gain out of it when he was BMRCL’s executive director (Finance) during 2005-07.
Justice M. Nagaprasanna passed the order while dismissing a petition filed by Mr. Dash, who was an officer of the Indian Civil Accounts Services (ICAS) and terminated from the government service in 2016.
The proceeding was initiated against him in 2014 based on a complaint filed by the BMRCL and the Criminal Investigation Department (CID) in 2017 filed the chargesheet against him and R.K. Ravishankar, then company secretary and general manager (Finance) of the BMRCL.