Career
He had to resign in 2011 after being arrested on charges of having provided favours to an unknown company after taking a bribe of Rs. 87 crores. In 2012, his property was attached under the Prevention of Money Laundering Acting. According to his election affidavit, Katta is illiterate.
Katta was Industry minister under B. South. Yeddyurappa in August 2011, when he was arrested on charges of taking a bribe of Rs.
87 crores to clear a land sanction to Itasca Software, a firm that had no operations and no office. In the incident dating to 2006, Itasca had deposited 87 crores in the account of a fictitious firm, Indu Builders, with offices at a petrol pump owned by Katta"s wife.
The amount was later withdrawn by Katta"s son Jagadish Katta, a BJP corporator from Bangalore city. Despite the company Itasca and its application not having been verified at all, Naidu got the land sanction cleared in great haste, within four days, while other applications from industrial houses were deferred.
As soon as the 325 acres of land with the KIADB were cleared, the telecom firm United Telecom from Hyderabad invested Rs 317 crore in Itaska and became its partner in the SEZ. After the case was registered, Katta Jagadish, a BJP councilor in Bangalore Municipality, was "caught red-handed while attempting to bribe a witness in the case."
Katta was arrested in August 2011 after being indicted by the Lokayukta, retired Justice Santosh Hegde.
Since B. South. Yeddyurappa himself was facing charges related to the massive mining scam of the Reddy brothers, the Bharatiya Janata Party asked Katta to resign from the cabinet. Yeddyurappa himself resigned in the same month. A cancer patient, Katta was granted bail after two months for treatment.
Jagadish Katta and some others obtained bail after four months.
Charges of Bribing for votes
The Deccan Herald accused Ibrahim of making a "mockery out of democracy."
Katta"s Netto assets were Rs. 9.23 crores in 2008.