CID raids the house of former chairman of APCO, gold and silver with 1 crore cash seized
CID raids the house of former chairman of APCO, gold and silver with 1 crore cash seized
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Hyderabad: CID has raided the residence and office of Gujjala Srinivasulu, former chairman of APCO in Khajipet in Andhra Pradesh. During this time, everyone's senses were blown away after seeing the scene they got to see there. In fact, 3 kg gold, 2 kg silver, cash worth more than Rs 1 crore and documents of property have been confiscated from his residence. According to the information received, CID officials talked about it. He told, '10 lakh rupees old notes and 10 lakh new notes were recovered from Srinivasulu's house in Hyderabad.'

Apart from this, he has also said that, with the permission of the court, on Friday, the house of Srinivasulu, the society office located in Dhamkhanapalle and the residence of the persons working in the society were raided together. With this, he went on to say, 'Due to sudden raids on Srinivasulu's house and office together, the former chairman could not hide anything.' Apart from this, the CID also said, 'They are wondering why 1 crore cash and gold is lying in the house like this.'

He says that now there will be an inquiry about how such a huge amount was kept in the house. Srinivasulu as well as his family have also been questioned about this for a very long time. By the way, if you remember, in the past, the Andhra Pradesh police raided the father-in-law of the driver of a treasury department employee from where the property worth crores was found.

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