ED summons Mahesh Babu in ₹5.9 cr realty scam case
Breaking: Mahesh Babu summoned by ED in ₹5.9 cr money laundering case. The probe delves into alleged fraud and misuse of funds in real estate. Stay updated!
Mahesh Babu has been summoned by the Enforcement Directorate (ED) in connection with a money laundering case involving Hyderabad-based real estate companies, Sai Surya Developers and the Surana Group. He allegedly received ₹5.9 crore for endorsing their projects, with ₹2.5 crore reportedly paid in cash, which has raised concerns over possible use of illicit funds.
The case is based on FIRs filed against directors Narendra Surana and K. Sathish Chandra Gupta, who are alleged to have committed large-scale financial fraud and misused investor funds. As part of the ongoing probe, Mahesh Babu has been summoned to appear before the Enforcement Directorate on April 27.
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