Updated: IT Raids on TDP CM Ramesh

Update: 2018-10-12 16:44 IST

IT Raids are going on in the houses and offices of TDP MP CM Ramesh at JubileeHills and at Sagar society.IT officials since 6 am reached to the Rithwik Projects Private Limited office at Sagar society and doing search operations there. They were closed the gates and nobody was allowed inside.The Raids are going on in first, second and third floors of the office.CM Ramesh family members and his brother is handling the business in Rithwik Projects. As per reports are coming from the sources, each and every financial transactions of CM Ramesh and his family members companies and projects are handled by the Rithwik Projects at Sagar society only.

By seizing the documents IT officials are estimating the properties value and they are comparing it with the IT returns filed by CM Ramesh and his family members and his companies.

Since CM Ramesh got many projects from the TDP government in AP , many financial transactions were made through his companies. Even the bagging of projects in large number by Ramesh and his companies led to a political discussion among different parties of AP including the TDP and among it's leaders.

At Jubilee Hills house, when IT raids were conducted CM Ramesh's brother Suresh was there. Reports were coming that by sending him out the IT officials are doing search operations.

Reacting on the IT Raids on his houses and business firms in NewDelhi, CM Ramesh alleged that BJP is taking political vendetta by misusing central investigative agencies and ordering IT raids on the opposition leaders.He said they were not frightened with this Raids. He said he will continue till the end with TDP and their party leader N Chandrababu Naidu.

To create a terror in TDP leaders and in the state politics, Prime Minister Narendra Modi with the direction of YSRCP leaders are doing Raids on them and politically financially harassing them. He said they will go into the public and took the issue politically and work in the way to teach them a lesson in the coming elections. 

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