Mahesh Reddy, Chairman of AMR Group of Companies, caught with Rs.3.50 crores

Hyderabad: In the background of Telangana assembly elections, political parties are trying to move crores of rupees in various ways. To stop the movement of black money, the election officials and the police are conducting extensive inspections everywhere. In this sequence, on Saturday morning, the police officers who were investigating in Banjara Hills found Rs.3.50 crores in the car of Mahesh Reddy, Chairman of AMR Group of Companies. As there was no receipt related to this money, the police seized it from the Election Returning Officer. It has been found that Mahesh Reddy is bringing money from neighboring states and giving it to political parties. Inspections were also carried out in AMR Group companies related to. Income tax officials have started investigation on which party Mahesh Reddy is bringing money for.