Mahesh Babu Summoned by ED in ₹5.9 Crore Real Estate Money Laundering Case

Mahesh Babu Summoned by ED in ₹5.9 Crore Real Estate Money Laundering Case

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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