Fri, Jul 17, 2015, 04:20 PM
The CID inquired into irregularities in Kadapa District Cooperative Credit Bank (DCCB), leading to the arrest of ex-chairman of the DCCB Brahmananda Reddy, at Tirupati. He was taken to One Town police station. Brahmananda Reddy is charged with sanctioning benami loans to his associates through the DCCB, when YS Rajasekhar Reddy was CM. He is brother of red-sanders smuggler Gangi Reddy.