(Image source from: Hmtvlive.com)
IT Raids on Telangana Minister Malla Reddy:- The Income Tax Department officials are conducting surprise raids on the residences, offices and other properties of Telangana Minister Malla Reddy. The raids started at 5:30 AM on all the properties of Malla Reddy. The properties of his son, son-in-law and other close relatives are raided. 50 different teams of Income Tax officials are conducting the raids and they are expected to continue till evening. The raids are conducted on the residence of his son Mahendar Reddy and son-in-law Rajasekhar Reddy. Malla Reddy owns educational institutions and the raids are conducted on the engineering and medical colleges owned by the politician.
There are reports that Malla Reddy's family invested big in real estate firms and his son, son-in-law are directors in various firms. Palm Medows Villa is owned by Malla Reddy and the raids commences from his residence this morning. The Income Tax officials are also conducting raids on several politicians and businessmen of Telangana. The residences of Gangula Kamalakar are raided in Karimnagar recently and he is a minister of Telangana. Now the officials are conducting raids on the properties of another Telangana Minister Malla Reddy. Malla Reddy and his family is left in deep shock by the surprise raids on his properties of his family.
(Video Source: NTV Telugu)