The Enforcement Directorate (ED) is currently searching the residences of TDP leader Rayapati Sambasivarao in Guntur and Hyderabad. A team of 10 officials has been inspecting his house since early morning.
The ED had registered a case regarding bank loan evasion by Transstroy Company. During the inspections at Rayapati’s residence, the authorities are specifically examining documents related to this case.
The residences of Malineni Sambasiva Rao and others are also being searched as part of these operations.
It is important to note that Malineni Sambasiva Rao still holds director positions in four companies: Transstroy Power Project, Techno Unit Infra Tech, Kakatiya Crystal Power Limited, and Transstroy Road Project.
