ED raids media home in Hyderabad

Hyderabad: The sleuths of the Enforcement Directorate on Thursday plundered a media home in Jubilee Hills and also confiscated some papers connected to the claimed cash deal in between the suspects in the Delhi alcohol rip-off and also the media home.

Sources stated the accusation is that several of the suspects in the alcohol rip-off moved cash right into the savings account of the media home which was later on utilized as an avenue for cash laundering.

Recently, the ED authorities had actually used up searches in some IT and also real estate business inHyderabad The monitorings of these business supposedly fully commited financial abnormalities and also situations will certainly be reserved under the Prevention of Money Laundering Act versus them, according to resources.

Recently, real estate agent Vennamaneni Srinivas Rao was smoked for hrs by the ED authorities in case. They declared that essential info was accumulated from him about the Delhi alcohol rip-off.

The ED authorities likewise plundered your homes of Abhishek Rao, Srujan Reddy, G Prem Sagar and also Ramachandra Pillai in the city just recently. All of them are declared to have close relationships with leading TRS leaders and also TRS principal K Chandrashekhar Rao’s member of the family. The raids will certainly proceed up until the ED obtains significant proofs in the Delhi alcohol rip-off, the resources stated.