Rs. 265 Crore Assets Seized In IT Raid From A Top TDP MLA

September 30, 2016 16:53
Rs. 265 Crore Assets Seized In IT Raid From A Top TDP MLA

A TDP legislator DK Satyaprabha, wife of late Adhikesavula Naidu, has received a shock as assets worth of Rs. 265 crore has been seized from various places that she owns around the country, according to the reports.

IT Department has released a press note, after the raiding Vydehi and Mallya Hospital in the capital, saying Rs. 265 crore worth assets have been seized on charges of tax evasion. Reports said that Rs. 43 crore have been seized from her educational institutions. Raids have been conducted in Goa and Karnataka as well.

Reports added, that the NGOs run by Satyaprabha have accepted donations in big numbers. Several documents have also been seized from the MLA related to the properties and and the authorities have also exposed the irregularities in the medical colleges run by her.

The IT Department, now, has ordered DK Satyaprabha to submit the details of Income Tax returns for the past 13 years.

By Prajakt K.

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