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Karnataka: IT Officials raid properties of SBG groups

Hassan: : The IT officials on Wednesday night conducted raids at the residence of a business man and also at his other properties at Hassan in Karnataka.

The SBG group of industries runs real estate business, hotel business and other industries.
The three owners of the SBG groups have close ties with Political parties like Congress and BJP. One of the brothers is the son-in-law of former Congress Minister. He was also into a business partnership of a news channel with former BJP minister.

Late night on Wednesday, the IT officials conducted raids at his residence on BM Road in Hassan along with raids at hotels, petrol pumps and other offices owned by the group.

The IT officials conducted raids in Bengaluru, Wednesday morning, at a real estate company who has partnership ties with the SBG group.