The Enforcement Directorate (ED) on Wednesday said it has attached more than Rs 22 crore of former Andhra Pradesh Telugu Desam Party (TDP) MLA JC Prabhakar Reddy and his associates and companies in a case related to an alleged scam of BS-IV vehicles. property has been confiscated.
Reddy is currently the chairman of Tadipatri municipality in the Anantapur district of Andhra Pradesh. The ED said in a statement that the case stems from a March 2017 judgment of the Supreme Court, under which the apex court had ordered that no vehicle manufacturer or dealer in India comply with BS-IV emission norms from April 1, 2017. Will not sell any vehicle to the dealer. From this date, the registration of such vehicles was also banned.
The ED alleged that Jatadhara Industries Pvt Ltd (JIPL), "controlled" by Reddy, procured BS-III vehicles at a cheaper price from Ashok Leyland Ltd in violation of a Supreme Court order and sold them "fraudulently" through forged bills. Registered as a BS-4 vehicle.
The federal agency said that during the investigation it was found that some vehicles were registered in Nagaland, Karnataka, and Andhra Pradesh. "The income earned by buying/running or selling these vehicles is Rs 38.36 crore," the ED said. JC Prabhakar Reddy, his family members, companies controlled by him such as Diwakar Road Lines and Jatadhara Industries Pvt Ltd, and Movable assets worth Rs 6.31 crore belonging to C Gopal Reddy and his family have been attached under the Prevention of Money Laundering Act (PMLA).
Liquid assets include bank deposits, cash, and jewellery. The total value of the seized assets is Rs 22.10 crore. "The role of Ashok Leyland and other aspects are being probed in this entire scam," the ED said.
Aamir Khan was shocked by the sudden death of Zubeen Garg and made this emotional post in grief.
Singer Zubeen Garg, who cast a spell with his voice in Assam and Bollywood, is no more. He passed away suddenly on September 19th. His death dealt a significant blow to the music industry. Fans and
People are suffering due to severe heat across the country, when will they get relief? IMD told what will be the weather like in the next 4 days
These days, there is a severe heat wave across the country. North India is burning a lot, if we talk about the temperature of Delhi, then yesterday the temperature in the national capital crossed 40
West Bengal: Blast before CM Mamta's nephew Abhishek Banerjee's Medinipur rally, TMC leader injured
There was a huge explosion in East Medinipur of West Bengal last night. There is news of some people getting injured in the blast. It is being told that this blast took place at the house of a TMC
Arvind Kejriwal: Political turmoil continues on CAA, Kejriwal said - BJP brought CAA for electoral gains.
The Central Government has issued the notification to implement the Citizenship Amendment Act i.e. CAA. With this, the Citizenship Amendment Act has now come into force across the country. After which
Kejriwal's mission Haryana started: New Year's gift; Announcement of bus service from AIIMS Delhi to Jhajjar
Delhi Chief Minister Arvind Kejriwal has given a New Year gift to the people of Haryana. The AAP government will start the Delhi Transport Corporation (DTC) bus service from All India Institute of
IND vs ENG: 'Only on flat pitches...', what did Manjrekar say about Indian batsmen? He also spoke about Pant's injury
Former Indian cricketer and commentator Sanjay Manjrekar has praised the Indian batting in Manchester. He believes that India's young batsmen performed brilliantly in adverse conditions on the first
Maharashtra: Rape accused presented 'live-in relationship' contract, these conditions brought relief to the government employee
A government employee got bail in a rape case due to a live-in relationship agreement. The seven conditions made under the agreement gave great relief to the person. A woman had registered a rape case
Tirupati Laddu Case: The Supreme Court formed SIT to investigate the Tirupati Laddu dispute, five officers will investigate
Keeping in mind that the sentiments of crores of devotees of Tirupati are being affected by the allegations of using ghee adulterated with animal fat in Tirupati Prasad Laddus, the Supreme Court has
Rahul Gandhi reached Chandigarh: Roadmap for expansion of Haryana Congress to be discussed, clash between police and workers.
MP Rahul Gandhi has reached Chandigarh today to prepare a roadmap for the expansion of the organization of the Haryana Congress. Rahul will reach the Haryana Congress office and hold a meeting with
86 injured, one dead in Jallikattu so far: third day's play continues in Alanganallur, Tamil Nadu; Collector said – extra security arrangements
The sport of Jallikattu continues in Tamil Nadu. The third day's play began at 8 am at Alanganallur in Madurai on Tuesday. So far, 86 people have been injured during the two days of play, while a bull
