Shekar Reddy was arrested by the CBI police for illegal transfer of crores of money. He applied for a bail and the court granted him a conditional bail recently and ordered him to sign in a nearby police station daily at 11:30 AM and he is not supposed to get out of the city. Now, the Enforcement Directorate has taken him into their custody for an inquiry. After the inquiry, he might be arrested again, says a source. Shekar Reddy was arrested by the CBI under various sections for criminal breach of trust, cheating and corrupting. Rs. 136 Crore has been seized, among which Rs. 20 crores was in new Rs. 2000 currency notes. Former Chief Secretary Rama Mohana Rao was also linked to this issue.
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Shekar Reddy was arrested by the CBI police for illegal transfer of crores of money. He applied for a bail and the court granted him a conditional bail recently and ordered him to sign in a nearby police station daily at 11:30 AM and he is not supposed to get out of the city. Now, the Enforcement Directorate has taken him into their custody for an inquiry. After the inquiry, he might be arrested again, says a source. Shekar Reddy was arrested by the CBI under various sections for criminal breach of trust, cheating and corrupting. Rs. 136 Crore has been seized, among which Rs. 20 crores was in new Rs. 2000 currency notes. Former Chief Secretary Rama Mohana Rao was also linked to this issue.