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Land purchaser, Agri-Gold scam accused are same: CID
The Hindu
A former police constable who purchased 150 acres of land in Mahabubnagar district belonging Agri-Gold company in an auction and the accused persons in Agri-Gold misappropriation of funds appeared to
A former police constable who purchased 150 acres of land in Mahabubnagar district belonging Agri-Gold company in an auction and the accused persons in Agri-Gold misappropriation of funds appeared to be one and the same. This was stated by Telangana Crime Investigation Department (CID) officials in an affidavit filed in Telangana High Court in an interim application filed in connection with a PIL petition relating to misappropriation of funds of Agri-Gold depositors. CID SP T. Srinivasa Rao, who filed the affidavit, requested the court to dismiss an interim application filed by former constable B. Narender Reddy seeking possession of the lands which he purchased in auction. The petitioner was one of the benamis to the accused, the SP stated in the affidavit. Mr. Reddy hailed form a middle class family and worked as police constable earlier. It was impossible for a person of his financial status to purchase 150 acres of land (which belonged to Agri-Gold and auctioned following High Court directions). He paid ₹15.18 crore to purchase the land through auction.More Related News
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