IT raids are underway at the residence of former MP and Chennuru Congress candidate Vivek Venkataswamy. Two days ago, the transactions of Rs.8 crores in the accounts of Vivek’s company were detected. On the other hand, BRS candidate Balka Suman complained to the IT officials that Vivek was committing irregularities in the elections.
It is against this backdrop that IT teams have carried out inspections at Vivek’s residence since dawn. Searches are being conducted at the homes of Vivek and his relatives in Hyderabad as well as Chennur in Manchiryala district. On the other hand, Congress ranks protested in front of Vivek’s residence protesting the IT attacks.
Former MP Vivek Venkataswamy got into trouble during Telangana assembly elections. Intelligence sources have found that huge cash has been deposited in companies belonging to Venkataswamy, who left the BJP and joined the Congress party. As a result, cash was seized in Visakha Industries and Vigilance Security Companies.
Former MP Vivek got into trouble after keeping an eye on suspicious cash transactions during the Telangana Assembly elections. In addition to Visakha Industries account where Vivek is director, it was found that huge amount of cash was deposited in Vigilance Security accounts. The police have frozen Rs.8 crore deposited in the accounts of these two companies.
On Sunday, the police announced that a huge amount of cash was deposited into the accounts of two companies at IDBI Bank in Bashirbagh.