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HyderabadTelugu Akademi case: 6 suspects remanded

Telugu Akademi case: 6 suspects remanded

Published: 4th Dec 2021 11:29 pm

Hyderabad: Six persons, who are allegedly involved in the Telugu Akademi scam and were taken into police custody by the Hyderabad CCS following a court order, were on Saturday produced before court and sent back to jail after the two-day police custody ended.

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The six persons, Satyanarayana Rao, Sai Kumar, Venkataramana, Somashekharm Venkat and Ramesh, were questioned by the Central Crime Station police for their alleged involvement in the Rs 64 crore Fixed Deposit Receipts scam.

“So far, we have recovered Rs 4.43 crore from the persons involved in the case and property valued at Rs 17 crore was identified and seized,” an official said.

The police have, so far, arrested 19 persons involved in the case, including the latest suspect Pramila Rani, wife of Yohan Raju, who was held from Vijayawada.

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