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Case Against Revanth Reddy Not Political: Advocate

Advocate Immaneni Rama Rao said that the IT raids on Reddy's houses were not politically motivated, and that they were a result of a complaint lodged by him (Rao).
Hyderabad | 28th September 2018
Advocate Immaneni Rama Rao said that the IT raids on TPCC working president A Revanth Reddy's houses were not politically motivated, and that the ED was conducting the raids with the help of the IT officials following a complaint lodged by him (Rao).

Speaking to the media on Friday, Rao said that he had started concentrating on Revanth Reddy's shell companies following a complainant approaching him. He said that he had lodged a complaint with the CBI on July 24 on the issue, and that the IT raids were going on as part of the process.

Rao alleged that Reddy had earned Rs 300 to 400 crores through 19 shell companies, and claimed that "uncountable" assets would be exposed in the IT raids being conducted.

Rao said that Reddy had indulged in land encroachments through the Sai Mourya and Sai Magadha real estate firms. Another new name, Avalanches, had also come to the fore in the ED raids, he said. Reddy hadn't responded to the notices served on him by the ED 15 days back on the tax evasion and land irregularities, which was why the raids were happening, he claimed.

Rao however declined to respond on the questions raised by mediapersons that he himself was facing 32 cases. Also, contradicting his own statement that there was no motive behind his case against Reddy, in a Telugu television channel debate, Rao said that he had targeted Reddy for criticizing a particular community in the state that belonged to him.
filed in:  Revanth Reddy, IT-Raids, Crime, Telangana Crime
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