On Saturday, In connection to the Insurance Medical Services (IMS) of Employees State Insurance (ESI) department scam reporting, Enforcement Directorate conducted searches at seven places in the city in connection with the money laundering investigation into a large scale scam. Let us share that in this raid seized large amount of incriminating evidence, huge unaccounted cash to the tune of Rs.3 crore, Rs.1 crore worth of jewellery, blank cheques, property documents and lockers, an official press release from the directorate said.
Here it is need to share that Money laundering investigation was initiated against the then IMS director Dr Ch Devika Rani, her husband, Srihari Babu alias Babji of Omni Group company and several others on the basis of eight FIRs registered by Anti-Corruption Bureau (ACB) on the allegations of financial irregularities in the purchase and supply of medicines and surgical kits at escalated price, and gross deviations from ESIC and government norms, apart from creating fake indents and bills, diversion of medicines, falsification of records, etc. However, The ED searches began in the morning at the residential premises of Devika Rani, Srihari Babu and V Srinivas Reddy.
New Covid vaccination centre inaugurated in Secunderabad
Helicopter crashes in Kerala, Lulu chairman makes emergency landing
Bank holiday to last for 9 days this month, complete necessary work soon
Corona wreaks havoc across the country, more than 1 lakh cases reported