Huge amounts of cash and gold retrieved by ED

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The Enforcement Department has raided the houses of those who are part of the ESI scam. Since this morning, the ED has conducted raids in over 10 places all over Hyderabad, and retrieved huge amounts of cash, Rs. 1 Crore worth jewelry, bank cheques, and documents of several properties.

Raids have taken place in ex-Minister Nayini Narasimha Reddy’s son-in-law, Srinivas Reddy’s house, Nayini’s ex-PS Mukunda Reddy and in Devika Rani’s house. A lot of money and cash were also retrieved from Vinay Reddy’s house.

Raids have been conducted in the house of Burra Pramod Reddy, the owner of 7 fake companies. A lot of cash and jewelry has also been retrieved from his house as well. The ED department officials believe that there are prominent politicians behind this, and are conducting searches into the matter.

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