Friday, September 28, 2018

IT Raids, Revanth Reddy to Be Arrested?

IT Raids at Revanth Reddy's Properties

Income Tax personnel on weekday began raids at properties owned  by Revanth Reddy, the operating president of Telangana Pradesh Congress Committee. Revanth Reddy's brother Kondal Reddy's house was additionally searched by the IT officers. 

The IT personnel raided Revanth Reddy's house at day of remembrance Hills and fifteen others places. social control board too joined the searches. 

Revanth Reddy was in remission in money for Vote scam within the year 2015. The IT personnel reportedly aforesaid that they were on search of misappropriation of Rs.50 hundred thousand funds. what is more, it's  learnt that IT personnel have served notices to Revanth Reddy and also the latter might receive them at any moment tonight. It's buzzed that he's probably to be in remission presently. additional details of IT searches in Revanth's home ar anticipated.

According to within sources, Revanth Reddy desecrated interference of Corruption Act 1988, interference of cash landering act and Prohibition of Benami Transactions Act. On Gregorian calendar month twenty five, 2014, Revanth Reddy received Rs.9 crores from capital of Malaysia bank.

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