The searches by the Earnings Tax division on the properties of Telangana labour and employment minister Malla Reddy and his relations continued for a 3rd consecutive day on Thursday.
Simultaneous searches have been on at Malla Reddy college, medical and dental schools and on the residence of the minister’s brother Praveen Reddy.
The IT sleuths accomplished searches on the homes of Malla Reddy, his sons and son-in-law. Searches have been additionally accomplished on the home of Trishul Reddy, one other relative of Malla Reddy and director of Malla Reddy Engineering School.
As many as 65 groups, mentioned to be comprising over 200 IT officers, carried out searches on the establishments run by Malla Reddy group and homes and places of work of the minister and his relations at numerous locations in Hyderabad and Medchal Malkajgiri district since Tuesday morning.
There was excessive drama throughout searches late Wednesday night time. The minister lodged a protest towards the alleged highhandedness of the IT officers and the CRPF personnel.
Each the IT officers and the minister lodged police complaints towards one another. Malla Reddy’s youthful son Bhadra Reddy lodged a grievance with Bowenpalli police station that his brother Mahender Reddy was attacked and compelled to signal some papers.
An official of the IT division additionally lodged a grievance on the similar police station. He alleged that Malla Reddy entered into an argument with IT officers and snatched a laptop computer, telephone and paperwork from them.
The laptop computer was later discovered close to the police station. It was allegedly dumped there by Malla Reddy’s followers.
The searches over the last three days reported to have yielded seizure of Rs 8 crore unaccounted money and a few vital paperwork.
In keeping with sources, raids have been carried out for alleged tax evasion by totally different establishments run by Malla Reddy. There are additionally allegations of inappropriate allocation of convener quota seats in Malla Reddy medical, pharmacy and engineering schools. The IT officers have been investigating the financial institution accounts used for the transactions of those seats.
Malla Reddy, who owns Malla Reddy College and runs a number of skilled schools, has additionally reportedly made investments in malls, petrol pumps and bought lands at a number of locations.