
15 questioned in Telugu Akademi scam
The Hindu
The Hyderabad Central Crime police have expedited the investigation into the alleged financial fraud in the Telugu Akademi bank accounts. On Thursday, more than 15 persons, including bank officials co
The Hyderabad Central Crime police have expedited the investigation into the alleged financial fraud in the Telugu Akademi bank accounts.
On Thursday, more than 15 persons, including bank officials concerned and employees of the Telugu Akademi, were questioned in connection with the misappropriation.
An official associated with the investigation told The Hindu that about ₹64 crore allotted to the Akademi, which was made fixed deposit in three public sector banks, was being transferred to the bank accounts of the Agrasen Cooperative Urban Bank Ltd., and RBL Bank, by some persons since December last.