MoneyWorks4Me

Opposition intensifies protest in Karnataka assembly seeking removal of Minister Nagendra

24 Aug 2026 Evaluate

The opposition BJP and JD(S) intensified their protest in the Karnataka Assembly, demanding the removal of Minister B Nagendra from the cabinet over his alleged involvement in the Valmiki Corporation scam. 

As soon as the House convened for the day, the opposition members stormed the well of the House and shouted slogans demanding Nagendra’s removal. Leader of the Opposition R Ashoka said he expected a ‘good decision’ by the government and that Nagendra would be sacked. He said, ‘But for the sake of one person, the government is insulting this House and its members’.

Ashoka further said, ‘The Congress has distributed the loot from the Karnataka Maharshi Valmiki ST Development Corporation (in which Nagendra is accused). That’s why Nagendra is being protected. We will stage an overnight protest’. He added,’ ‘There are one crore Dalits. But this government is choosing one Nagendra over one crore Dalits. That’s why we’re in this situation’. Parliamentary Affairs Minister Krishna Byre Gowda said the government is ready for a discussion on Nagendra. Instead, BJP are committing a fraud on democracy. 

For five days last week, the Opposition lawmakers protested by standing by their seats, shouting slogans against the Congress government. The minister is accused in the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation scam where it is alleged that B Nagendra diverted Dalit development funds of 187 crore rupees to the Congress party for fighting elections.


About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: