Malladi Vishnu assets worth Rs. 600 crore - SIT

January 25, 2016 11:13
Malladi Vishnu assets worth Rs. 600 crore - SIT

Congress leader, Malladi Vishnu possesses Rs. 600 crore worth illegal properties, the reports said.

It is known that, recently, liquor scandal was out in the news, after several laborers left their lives, drinking adulterated liquor from Swarna bar, Vijayawada. After the inquiry, it was found out that, Malladi Vishnu is one of the members, who owns that bar.

Being the ninth accused in liquor case, Malladi Vishnu, the Congress leader, since then,   has faced several investigations. He even recently got the bail. Reportedly, Malladi’s case was given to the Special Investigation Team (SIT).

As per the details collected from the Sub-Registrar office, Malladi Vishnu has several properties worth, several hundreds of crores.

The Special Investigation Team, which is probing adulteration of liquor case, at a bar has found that he is having assets worth Rs 600 crore.

The SIT came to this conclusion after getting the details from Krishna and Guntur districts. It further clarified that, Malladi purchased 28 acres of land in Andhra Pradesh proposed capital, Amaravati limits.

Denying the allegations, Malladi said all those allegations are baseless and TDP is trying to corner him, with the grudge on me. Further details are expected to be out, as the case is going under ED.  

By Phani Ch

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