ED summons actor Mahesh Babu in money laundering case



Telugu actor Mahesh Babu has been summoned by the Enforcement Directorate (ED) for questioning in a money laundering case connected to an alleged real estate scam involving Sai Surya Developers, the Surana Group, and others. While the actor is not an accused, officials said he may have unknowingly endorsed realty projects linked to the scam. The ED is probing transactions worth Rs 5.9 crore, reportedly paid to Babu as endorsement fees via cheques and cash.

The agency conducted raids on April 16 at various locations in Telangana, seizing unaccounted cash worth Rs 74.50 lakh and documents showing fraudulent land deals and cash transactions totaling nearly Rs 100 crore. The case, originating from a Telangana Police complaint, alleges that companies cheated investors through unauthorised land layouts and double-selling of plots. Babu has been asked to appear before the ED in Hyderabad on April 28 under the PMLA.

#Maheshbabu #ED #Moneylaunderingcase #Scam #Telugu #Investigation #Hyderabad #Celebrity #PMLA

Subscribe to PTI’s YouTube channel for in-depth reports, exclusive interviews, and special visual stories that take you beyond the headlines. #PTIVideos

PTI News : ptinews.com
PTI Fact Check : ptinews.com/factcheck/factcheck.aspx
PTI X (formerly Twitter): https://x.com/PTI_News
PTI Instagram: https://www.instagram.com/ptinews_multimedia/
PTI Facebook: https://www.facebook.com/PressTrustofIndia/

source

Corruption Buzz

Share
Published by
Corruption Buzz

Recent Posts

Corruption, violence, drugs and gangs are 'pervasive' in 3 Mississippi prisons: Justice Department – ABC News – Breaking News, Latest News and Videos

Corruption, violence, drugs and gangs are 'pervasive' in 3 Mississippi prisons: Justice Department  ABC News -…

34 minutes ago

Benue Assembly calls for removal of Auditor-General over misconduct – thevoicenewspapers.com.ng

Benue Assembly calls for removal of Auditor-General over misconduct  thevoicenewspapers.com.ng Source link

39 minutes ago

MN AG shuts down Blaine nonprofit over worker misclassification scam – KIMT

MN AG shuts down Blaine nonprofit over worker misclassification scam  KIMT Source link

6 hours ago

Secretary Rubio’s Call with UAE National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan

Office of the Spokesperson Secretary Rubio’s Call with UAE National Security Advisor Sheikh Tahnoon bin…

7 hours ago

ESPN NFL analyst Matt Miller under investigation over alleged fantasy football scams in wake of horrific car crash – New York Post

ESPN NFL analyst Matt Miller under investigation over alleged fantasy football scams in wake of…

7 hours ago

Minors with fake IDs served alcohol at White Out party, True North fined $12K: LGCA – CTV News

Minors with fake IDs served alcohol at White Out party, True North fined $12K: LGCA  CTV…

8 hours ago