HYDERABAD: On line casino organiser Chikoti Praveen Kumar, who is dealing with many charges including hawala money transactions, allegedly played a key feature in transporting unaccounted money to businessmen in Begum Bazaar thru brokers.
The Enforcement Directorate (ED) officials intensified the probe into Foreign Change and Administration Act (FEMA) cases registered against Praveen Kumar and his adie Madhav Reddy for allegedly transporting a gargantuan quantity to India thru hawala after organising casinos and totally different illegal activities.
The agency officials served notices on Praveen Kumar’s shut affiliate Sampath, who is in the creep industry, and others asking them to seem ahead of the agency on Monday. Sampath allegedly equipped creep companies to Tollywood and Bollywood actors as adversarial to businessmen to totally different international locations in accordance with directions of Praveen Kumar for taking part in on line casino events.
Praveen Kumar used to be in contact with businessmen in Begum Bazaar, the place aside crores of rupees turnover occur daily in the fabricate of cash in place of digital funds, and helped them transport money thru hawala. After acquiring the bank legend info and collection info in on line casino events held in one more country, the investigation agency reportedly realized that Praveen Kumar and his crew had done hawala transactions.
In accordance with the choice files of Praveen Kumar, the ED allegedly obtained info of loads of MLAs and district leaders of totally different political parties including the ruling Telangana Rashtra Samiti (TRS) in each Telugu speaking states. The agency is at chance of create an in-depth probe on political contacts of Praveen Kumar to place hawala transactions.
The investigation agency furthermore is monitoring the significant points of household and household of VVIPs including public representatives in the metropolis who had money transactions with Praveen Kumar. The ED officials furthermore are defending a shut survey on suspects in connection with the hawala transportation with the relieve of Praveen Kumar, fixed with officials.
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