Hyderabad: A day after the arrest of three Agri Gold Group of Companies promoters – Avva Venkata Rama Rao, Avva Venkata Seshu Narayana Rao and Avva Hema Sundara Vara Prasad, the Enforcement Directorate (ED) has provisionally attached assets worth Rs.4109 crore under Prevention of Money laundering Act- 2002 (PMLA) in the Agri Gold Ponzi fraud […]
ED initiated investigation under the PMLA based on an FIR of CBI Visakhapatnam unit against Prasad, managing partner of PBR Poultry Tech and other partners for defrauding IOB
The ED is understood to be questioning Abdullah about his role and decisions taken when the alleged fraud took place in the association when he was the JKCA president.
The ED case is based on an FIR filed by the CBI, which booked former JKCA office-bearers, including general secretary Mohammed Saleem Khan and former treasurer Ahsan Ahmad Mirza.
The DCHL is currently under the Corporate Insolvency Resolution Process (CIRP) process in which a resolution plan for only Rs.400 crore has been approved by the NCLT.
Hyderabad: A special court for ACB cases here resumed on Monday the hearing of the sensational cash-for-vote scam involving Congress MP A Revanth Reddy and others. The hearing began following directions from the Supreme Court to all High Courts to ensure expeditious disposal of pending criminal cases against former and sitting MPs and MLAs. On […]
