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CBI raids on Telugu Desam MLC
By: Tupaki Desk | 12 May 2017 3:57 PM GMT
CBI on Friday raided the Houses and Offices of TDP MLC Vakati Narayana Reddy. Raids have been conducted at the properties belonging to the TDP Leader in Nellore, Hyderabad and Bangalore from Today morning.
The Investigative Agency held raids based on the complaint it received from IFCI. Vakati Narayana Reddy was accused of obtaining Rs 190 crore loan in 2014 submitting fabricated documents.
Mr.Vakati kept the documents related to his assets as surety while obtaining the Loan. However, The documents were forged and he doesn't own such huge assets.
NDA Government has sent a clear indication that even Leaders of Ruling Parties and its Alliance Partners willn't be spared if found guilty of violating the norms.
The Investigative Agency held raids based on the complaint it received from IFCI. Vakati Narayana Reddy was accused of obtaining Rs 190 crore loan in 2014 submitting fabricated documents.
Mr.Vakati kept the documents related to his assets as surety while obtaining the Loan. However, The documents were forged and he doesn't own such huge assets.
NDA Government has sent a clear indication that even Leaders of Ruling Parties and its Alliance Partners willn't be spared if found guilty of violating the norms.
