The ED and the IT officials today quizzed Revanth Reddy and his wife for hours together on the assets, cash transactions and also the bank lockers pertaining to them and also the family members. The IT sleuths also questioned about the Porsche car owned by Revanth Reddy. They opened the bank lockers of his wife and assessed about the valuables.
Advocate Rama Rao complained about 19 shell companies and transactions worth Rs 400 crore. Most of the data was ascertained and originated from the election Affidavit it is learnt. A special team from Delhi was flown in to look into the affairs of Revanth Reddy and his family members.
There is heavy bundobust at the residence of Revanth Reddy. More details are being checked from Revanth Reddy at his house. Revanth has taken about Rs 75 crore loan from different banks. it is reported through unofficial sources that there are contradictions in his answers and the existing reality apart from the documents.
It has to be seen how Revanth would come out of this case.
