The officials of the Enforcement Directorate – ED have detained Boodati Lakshmi Narayana, the manager of Sahithi Infra. There are allegations of collecting around Rs 2,500 cr from thousands of people in the name of pre-launching offers and cheating them without handing over the plots.
Telangana Police filed a case on this in 2022. Hyderabad CCS police arrested Sahithi Infra MD Lakshmi Narayana n earlier and sent him to jail. After that he came out on bail.
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ED has also registered a case after receiving the complaints and started investigation that money laundering has taken place in this matter. In this order, it is heard that he was detained by the ED officials on Sunday and is being interrogated.
The ED has registered a case under the Money Laundering Act against Sahithi Group for collecting money from the people and is investigating. In this order, the authorities took him into custody on Sunday night.
However, the ED officials have not released an official statement on the arrest of Sahithi Infra MD Lakshmi Narayana.