(Image source from: Forbes.com)
All About Seven Days of Raids on Megha Krishna Reddy:- The income tax officials conducted surprise raids on the premises and properties of top businessman Megha Krishna Reddy and the raids went on to continue without breaks for seven days. The raids even continued today. As per the update, tonnes of gold was unearthed. All the lockers and back accounts of Megha Krishna Reddy are searched in Jubilee Hills, Kavuri Hills and Madhapur regions in Hyderabad. The seized gold was worth hundreds of crores informed one of the officials who participated in the raids.
As per the source, the raids on Megha Krishna Reddy and his premises will continue for the next two to three days. Several important documents were seized from the offices of Megha Krishna Reddy. There are talks that there are several politicians involved and the IT officials are investigating from this angle. The surprise raids on Megha Krishna Reddy is a clear indication that there is a huge gap between Telangana Chief Minister KCR and Prime Minister Narendra Modi. Megha Krishna Reddy happens to be a close friend of both the Chief Ministers of Telugu states KCR and YS Jagan.