CBI carry out searches at YSCRCP MP’s company in Hyderabad and Mumbai
Searches were conducted at around 11 places in Hyderabad and Mumbai after a nationalized bank lodged a complaint in connection with an alleged bank fraud.
Hyderabad: Officials of Central Bureau of Investigation (CBI) conducted searches at a company of YSRCP MP K. Raghurama Krishnam Raju in Hyderabad and Mumbai.
Searches were conducted at around 11 places in Hyderabad and Mumbai after a nationalized bank lodged a complaint in connection with an alleged bank fraud.
The head quarters of the company that was established in 2007 is in Secunderabad. The company was accused of diverting the loan amount meant for a thermal power project.
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