IT, ED Officials Continue Searches In Revanth Reddy’s House
Hyderabad: The Income Tax raids on Congress leader and TPCC working president, Revanth Reddy, his wife, brother and close relatives and associates are ongoing, according to media reports. It is learnt 16 teams of officials from Income Tax department and Enforcement Directorate are conducting the raids. It is learnt that the officials found discrepancies between the assets of Revanth Reddy and his family members and the income disclosed by them.
Also Read: Revanth Reddy Gripped By Fear Of Arrest?
Apart from the houses of Revanth Reddy, accused in the notes for votes case, others accused in the case, have also been questioned. IT officials are also said to have procured details regarding the ssets of Reddy's wife, Geetha, daughter, Naimisha, his brother Kondal Reddy and other relatives and associates. Officials are also probing the transactions in their bank accounts and the transfer of large sums to other countries.
Officials are also investigating details of companies with which the Congress leader is associated and some of which have transactions with other countries. Among these countries are China, Taiwan and Malaysia, it is said. IT and ED officials also said that Revanth could be charged under Prevention Of Money Laundering Act (PMLA).
Revanth Reddy and others including Udaya Simha accused in the 'Notes-for-Votes' are being questioned by the IT and ED officials, it is learnt. Uday Simha has been asked to appear before the IT authorities on October 1 under Section 131 of 1961 Income Tax Act. He is being questioned with respect to Rs. 50 lakhs given to nominated MLA, Stephenson.
Meanwhile, officials also questioned Sebastian, another accused in the case. Sebastian, speaking to Sakshi TV, claimed innocence and said that he had no interaction with Revanth Reddy. He said he was caught between TRS and TDP for no fault of his.
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