Last Updated Apr - 22 - 2025, 04:32 PM | Source : Fela News
Actor Mahesh Babu has been summoned by the ED in a Hyderabad real estate scam probe. Linked to firms under investigation, he is not an accused but may clarify ₹
The Enforcement Directorate( ED) has summoned Telugu actor Mahesh Babu in connection with a plutocrat laundering disquisition involving Hyderabad- grounded real estate enterprises, as reported by PTI. The 49- time-old actor has been asked to appear at the ED office in Hyderabad on April 28.
This move follows recent ED raids across multiple locales in Hyderabad linked to real estate groups, including Surana Group and Sai Surya Developers. The inquiry, under the Prevention of plutocrat Laundering Act( PMLA), centers around contended detainments and defaults in real estate design deliveries.
Sai Surya Developers' proprietor, Kancharla Satish Chandra Gupta, is under disquisition for failing to deliver on a design named' Green Meadows,' for which Mahesh Babu served as brand minister.
ED sources indicated that Mahesh Babu is n't presently viewed as an indicted but is being called to clarify details, particularly concerning ₹ 5.9 crore entered from the enterprises as countersign payments — through both cheques and cash.
The case began from a Telangana Police FIR professing that inventors, including Gupta and Narendra Surana of Bhagyanagar parcels Ltd., misled investors through fraudulent schemes involving unauthorized layouts, indistinguishable deals, false agreements, and empty pledges of plot enrollments .
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