TTD Ex Member J.Sekhar Reddy Arrested

Chennai: Today, CBI arrested former TTD Board member J.Sekhar Reddy along with his close aides Srinivas Reddy and Prem in 'Currency Case'.

CBI produced them in Special CBI court, Court sent them on remand till December 3rd.

CBI has registered case against him under sections 120B of IPC 409, IPC 420 along with prevention of corruption act.

In IT raids a total of Rs.131cr cash, which include Rs.34cr new Rs.2000 notes, 177kg gold has been seized from Sekhar Reddy and his aides Srinivasa Reddy and Prem.

Both CBI and ED have registered cases seperately against Sekhar Reddy and his associates.

As ED focusing on his money laundering activities, CBI primarily focusing on the government servants who had helped him to accumulate that much new currency notes.