The national president of the Telugu Desam Party (TDP) asserts his innocence, stating that he hasn't committed any wrongdoing. He further claims that the CID officials apprehended him without presenting any clear evidence.
Ravi Kumar and his wife Madhavi, who are residents of Bandlaguda, had fixed a deal to sell their land in Narsingi to Latha, a resident of Rahmath Nagar for Rs.60.5 lakh in 2019. While Rs.18.5 lakh was paid as advance, the remaining was promised to be paid in installments.
Margadarsi has exploited weak and innocent subscribers and has a history of accepting deposits illegally by violating Chit Fund Act, said N Sanjay, ADGP, CID
The sleuths of Telangana CID are on the hunt for criminals who are calmly leading their lives under the presumption that they are at a safe distance from the police dragnet
VS Kshisagar, former branch manager of State Bank of Indore, Dadar Branch Mumbai, was allegedly involved in a criminal conspiracy and cheating case registered at Kothur police station
CID officials visited the Telugu Desam Party office and issued notices in the name of TDP general secretary based on a complaint by Finance Minister Buggana Rajendranath
CID officials said so far nine schedules were conducted and money was distributed to more than 700 depositors and over 100 depositors were yet to receive their deposit money