K'taka MLA arrested iron in ore export case

The CBI today arrested BSR Congress MLA Suresh Babu, a nephew of former minister and party founder B Sriramulu, in a case relating to alleged illegal export of iron ore from Belikeri port in Karnataka.
Babu will be produced before CBI special judge here tomorrow, CBI officials said after the arrest, that followed his questioning.
The illegal export from Belekeri port in Uttara Kannada district was exposed by former Karnataka Lokayukta N Santosh Hegde, who in his report, had said 7.74 million tonnes of iron ore were illegally exported between 2006-2007 and 2010-11, causing huge loss to the exchequer.
Babu is a nephew of Sriramulu, a close associate of former minister and mining baron G Janardhana Reddy, lodged in Chanchalguda jail in Hyderabad in connection with an alleged mining scam.

Babu is also named as an accused in the cash-for-bail scam in which a CBI judge was allegedly bribed for granting bail to Janardhana Reddy, prime accused in the Obulapuram Mining Company scam probed by the CBI.