ED raids TRS MP Nama Nageswara Rao’s residence and offices

94,598FansLike
53,167FollowersFollow

(Do you want to make an impact with your content? Interested in writing Movie or Politics or General stories? contact us at [email protected])

The Enforcement Directorate (ED) officials have been conducting searches at the residence of TRS MP Nama Nageswara Rao in Telangana. The searches, which started on Friday at 7 am, are continuing at five locations, including the offices and residence of the MP.

As per reports, these raids are in connection with the alleged Rs 1064 crore bank fraud. Reports reveal that the TRS parliamentarian took loans in the name of Ranchi Express Highway Pvt Ltd in the year 2011, and later they allegedly diverted Rs 264 crores to some others. This has turned into a scam.

Back in 2019, the CBI had also booked Mr Rao related to Ranchi Expressway Limited as he was the director. The ED has also conducted raids at the residence of other people associated with this alleged scam.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Silver Screen

Special Music Video: Nani and Satyadev’s ‘Daare Leda’

https://www.youtube.com/watch?v=54ODiscJHcM

Mahesh Babu to simultaneously work on two films?

Superstar Mahesh Babu usually makes films in a relaxed mode and doesn't rush for making multiple films a year. He makes sure he has...

Dhanush’s ‘Jagame Thandhiram’ Movie Review

Kollywood superstar Dhanush who has been picking up only message-oriented social dramas of late is switching tracks with Jagame Tantram, a commercial potboiler helmed...

Nandini Rai and her co-star slapped each other in sets

Nandini Rai is one of the talented actresses, who has been waiting for some interesting offer in Tollywood. The 30-year-old actress is recently seen...

Makers of Radhe Shyam decide on the mode of release

Earlier, it was heard that a popular streaming giant had offered a huge amount for the makers of Radhe Shyam, asking them to opt...

Politics

AP High court dismisses AP’s Rs 6,000 crore solar power project tenders

The Andhra Pradesh High Court gave a shock to the Jagan government. The YCP government has planned a massive solar power project with ...

No employee will be sacked from Anganwadis and schools: CM Jagan

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has made it clear that none of the school teachers or Anganwadi employees will be sacked...

Andhra Pradesh government eases curfew hours in state

Though the Coronavirus cases have been witnessing a steady decline in Andhra Pradesh, the state government decided to continue the curfew for a few...

Executive capital of AP will be shifted to Vizag soon: Vijaysai Reddy

YCP MP Vijayasaireddy said that the executive capital of Andhra Pradesh will be shifted to Visakhapatnam very soon. Speaking to the media, he said...

AOBSZC Maoists released a letter to CM Jagan

The Maoists have outraged over CM Jagan's rule in AP through a letter. Recently, they have released a letter in the name of Ganesh...

Most Read

Special Music Video: Nani and Satyadev’s ‘Daare Leda’

https://www.youtube.com/watch?v=54ODiscJHcM

Mahesh Babu to simultaneously work on two films?

Superstar Mahesh Babu usually makes films in a relaxed mode and doesn't rush for making multiple films a year. He makes sure he has...

Dhanush’s ‘Jagame Thandhiram’ Movie Review

Kollywood superstar Dhanush who has been picking up only message-oriented social dramas of late is switching tracks with Jagame Tantram, a commercial potboiler helmed...

Nandini Rai and her co-star slapped each other in sets

Nandini Rai is one of the talented actresses, who has been waiting for some interesting offer in Tollywood. The 30-year-old actress is recently seen...

India reports lowest Covid-19 deaths in two months

India has witnessed a steep decline in the Covid-19 deaths in the last 24 hours. The country has reported 1,587 fatalities, which is the...