ASI’s assets Rs 500 cr, held

POLICE-SCAME-300x240Assistant sub-inspector Mohan Reddy amassed assets of Rs 500 crore and
his illegal finance surfaced with recent death of a school owner in Karimnagar district, according to CID. The culprit spilled the beans after his arrest along with another home guard, during an intensive
interrogation that additional SP Janardhan Reddy along with several DSPs, Cis were fully involved in the money-lending scandal. Based on interrogation, the CID readied an 18-page report which stated that cops invested in the illegal money-lending. SP, Karimnagar, invested Rs 90 lakhs, CID DSP Rangaraju Bhaskarraju Rs 10 లక్షలు, SIB,
intelligence, DSP Buchiramulu Rs 20 lakhs, DSP Saimanohar 35 lakhs, CID CI R Prakash Rs 20 lakhs, CI attached to SP Ch Malliah Rs 20 lakhs, head constable Shankar Singh Rs 10 lakhs. Huzurabad DSP Sanjivkumar, Korutla CI Surender, Mudhol CI Ganapathy Jadhav along with few government officers tried to protect the illegal money lending. The main accused also revealed that his friends and relatives helped him recover the money from lending business.

Medaram Jathara

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