The income tax department had raided several places linked to Parameshwara on Friday and till early Saturday.
Investigators have accused college admission personnel and agents of collecting the donations in the form of large volumes of cash.
Parameshwara did not wish to give political colour to the Income Tax investigations and said he will do his best to provide satisfactory replies to the queries being raised by the investigators.
The Hyderabad-based NMDC has been struggling since November last year when its 20-year lease of Donimalai mines in Ballari district expired.
“People are struggling. The night travel ban is causing a lot of pain to the people of Wayanad and Kerala. It needs to be tackled at the earliest,” Rahul Gandhi told reporters.
Karnataka CM BS Yediyurappa is bringing before the Cabinet the subject of dividing Ballari district into Ballari and Vijayanagara, amid protests from both within his own BJP and the Congress.
JD(S)-Cong regime had cleared sale of land in Ballari district in May.
Karnataka CM Yediyurappa's mettle seems to be in for a tough test as a win in at least half of the constituencies is necessary for him to save his twomonth-old regime.
Devotees and tourists visiting the world famous temple currently fly into Hyderabad, or Chennai or Bengaluru before heading to the temple town.
Pai met Sitharaman with a few startup entrepreneurs in New Delhi on Wednesday, and discussed issues concerning the startup sector, among others.
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