ED raids IAS officer Gangwar in KPSC scam
Analysis based on 9 articles · First reported Aug 23, 2026 · Last updated Aug 23, 2026
The investigation into the KPSC exam scam may affect public confidence in government recruitment processes in India — Karnataka, potentially impacting administrative efficiency and political stability. However, direct market impact is limited as this is a domestic administrative matter with no significant listed companies involved.
The India — Enforcement Directorate (ED) conducted raids on August 23, 2026, at the premises of IAS officer Gyanendra Kumar Gangwar in Bengaluru and Bareilly as part of a money laundering investigation into alleged irregularities in a India — Karnataka Public Service Commission (KPSC) recruitment exam for Veterinary Officers. Gangwar, who previously served as Controller of Examinations at KPSC, was replaced in March 2026. The ED had earlier searched KPSC offices and premises of former chairman Shamanuru Shivashankarappa and member Shanta Hosmani on August 18. Allegations include demands for bribes of Rs 70-80 lakh per candidate, paper leaks, OMR tampering, and favoritism. India — Karnataka Home Minister Priyank Kharge denied reports that Gangwar was missing, stating he was attending to a family emergency. The India — Karnataka Cabinet recommended Sahukar's suspension to Governor Thawar Chand Gehlot after the India — Karnataka High Court quashed an earlier suspension.
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