Live
- Supreme Court Limits Definition of "Material Resources of the Community"
- MP CM approves reservation for women upto 35 pc
- JMM-Cong-RJD plotted to alter Jharkhand's demography via land jihad, love jihad: Yogi Adityanath
- Country’s first museum on women achievers to open in Delhi next year: L-G
- India's Wedding Season Set to Generate Rs 6 Lakh Crore in Business, Marking 41% Growth
- Kharge campaigns in Jharkhand, replies to BJP’s ‘batenge toh katenge’ slogan
- Addressing shortage of qualified professionals in Indian healthcare crucial: Report
- Career opportunities in sustainable farming
- India Game Developer Conference 2024 to be held from November 13-15
- Former Rajasthan Minister Mahesh Joshi And 22 Others Face Allegations In ₹1000-Crore Jal Jeevan Mission Scam
Telugu akademi scam: ED to take up money laundering probe
Telugu akademi scam
Highlights
The Enforcement Directorate (ED) will initiate its investigation into the Telugu akademi scam and seize the assets bought by the arrested persons in the case.
The Enforcement Directorate (ED) will initiate its investigation into the Telugu akademi scam and seize the assets bought by the arrested persons in the case.
The ED will look into the bank accounts of the accused and launch an inquiry on the diversion of fixed deposits and take action against them under money laundering act.
A total of Rs 64.5 crores were swindled from the various bank accounts of the Telugu Akademi. The prime accused in the case, Sai Kumar and the other arrested persons utilized the money for their personal interests.
While the Central Crime Station is already looking into the case, the ED will also register a case under money laundering act
Next Story
ADVERTISEMENT
