TDP MP docus reveal Rs5,700cr bank fraud: ED

In searches conducted on TDP Rajya Sabha MP Y S Chowdary, ED seized documents revealing Rs 5,700 crore of bank loan frauds by companies controlled by the MP and his associates. The ED has also seized six high-end luxury cars from the MP’s residential premises in Hyderabad, all registered in the names of shell companies.

from Times of India https://ift.tt/2QjfQrN