Belagavi, Apr 28: Income Tax officials raided the house and offices of Nasir Bagwan, JD(S) candidate from Khanapur in Belagavi on Saturday.
Mr Bagwan, who has declared assets of over Rs. 191 crore, is the richest candidate in the district. The businessman from Khanapur has investments in real estate in Bengaluru, Mysore and Belagavi.
According to reports, a 11-member I-T team conducted searches at multiple properties of Bhagwan for several hours.
The taxmen also conducted searches at Bhagwan's house at Vidyanagar and office at Aravind Nagara in Hubballi.
The officials are questioning Bhagwan, his son Rameez and Raees at the Gandhigawad residence.
Bagwan had reportedly warned JD(S) state president H D Kumaraswamy against reaching a pre-poll or post-poll agreement with BJP.
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