Hyderabad: Enforcement Directorate (ED) officers carried out raids in different places within the town on Monday and detained a realtor for wondering as a part of their intensified seek operations in reference to the Delhi liquor rip-off and alleged unlawful transactions.

ED officers, who arrived from Delhi, carried out raids at the Banjara Hills place of abode of Vennamaneni Srinivas Rao, director of Pavitra Pies Non-public Restricted at Jeedimetla, and seized paperwork. By the way, Gorantla Buchi Babu is the auditor for Srinivas Rao’s companies.

The ED sleuths carried out raids at more than a few places in Madhapur, Banjara Hills, and Uppal at the foundation of knowledge reportedly equipped by way of auditor Buchibabu. After looking out Srinivas Rao’s place of abode for a number of hours, the ED investigators picked him up and took him to the Basheerbagh ED workplace, the place they interrogated him.

Rao is suspected by way of the ED of attractive in illegal monetary actions by way of making investments in a variety of native corporations and allegedly performed a the most important position within the Delhi liquor rip-off case. The businessman used to be puzzled by way of the central investigating company at the established order of Knowledge Generation (IT) and IT-Enabled products and services firms in Uppal.

The ED investigators carried out searches at a commute company in Madhapur and inquired concerning the corporate’s operations and its traders. In line with studies, the investigation staff discovered details about Srinivas Rao’s shady dealings in those companies.

After receiving paperwork from auditor Buchi Babu, ED team of workers double-checked the ideas by way of grilling Srinivas Rao at ED workplace within the town. Previously few days, the ED performed raids at 40 other places in reference to the Delhi liquor rip-off, seizing data, information, and paperwork referring to trade dealings and fiscal transactions.

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