Vanasathalipuram burglary situation ends up being prohibited hawala deal situation
Representational picture
Representational picture
Hyderabad: The burglary situation in Vanasthalipuram took spin on Monday after the police discovered the quantity is connected toHawala transaction It is to state right here that a recognized as business owner Venkatrami Reddy asserted that he was burglarized of Rs
2 crore from him as well as later on modified the total up to Rs 50 lakh. The police expanded questionable over the irregular insurance claims as well as began doubting him.
On Monday, the police additionally browsed your house of Venkatrami Reddy as well as revealed a big stockpile of unaccounted money in the properties.
The business owner can not provide acceptable reply for keeping such a big quantity of cash money as well as on additional cooking apparently confessed that he was associated with hawala deals, which were being accomplished under the clothes of a bar as well as dining establishment.
Apart from Venkatrami Reddy, a UB-based business owner as well as an additional person from Riyasathnagar were additionally associated with the prohibited hawala company, police claimed.
With the assistance of WhatsApp talks as well as some documents of previous economic deals in a journal, the private investigators are additional penetrating the situation to determine the size of the prohibited hawala company.
L B Nagar DCP, Sunpreet Singh is managing the examination as well as 2 groups are dealing with the situation. The individual from old city, that is connected to the prohibited company, is making off.
