Key Documents Seized From Revanth Reddy's Residence

September 29, 2018 09:24
Key Documents Seized From Revanth Reddy's Residence

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Key Documents Seized From Revanth Reddy's Residence:- Congress leader Revanth Reddy has been under the scanner of Income Tax department and raids have been conducted across his properties in Telangana. The raids continued for 43 hours and IT officials left Revanth Reddy's residence during the early hours of Saturday. Several key documents have been seized from his residence and Revanth Reddy has been asked to attend for investigation before IT department on October 3rd.

Revanth Reddy has been investigated by the team for 31 hours and he has been asked to write answers for 150 questions. Notices have been issued to Revanth Reddy and his brother Kondal Reddy in relation with illegal assets. Over Rs 20 crores worth illegal assets have been identified and they have been on the name of Jayaprakash Reddy who owns Sri Sai Mourya Estates and Projects. Jayaprakash Reddy is the brother-in-law of Revanth Reddy.

Revanth Reddy is expected to speak to the media at 11 AM today. Congress leaders called the IT raids an attack by TRS and Prime Minister Narendra Modi. Earlier Revanth Reddy was caught by Anti-Corruption Bureau while he paid a bribe of Rs 50 lakhs to Elvis Stephenson, a nominated MLA to support TDP.

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Tagged Under :
Revanth Reddy  IT raids  Telangana Congress