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₹1,600 Crore Seizure in ED Raids on Minister Ponguleti’s Properties

TPN, Telangana: In a recent press conference at Telangana Bhavan, BRS leader Dasoju Sravan made serious allegations following the Enforcement Directorate’s (ED) raids on Minister Ponguleti Srinivas Reddy’s properties. Sravan claimed that the ED conducted extensive searches at multiple locations, including Ponguleti’s residences, offices, and farmhouses, which reportedly lasted for five days. He further alleged that the raids uncovered approximately ₹1,600 crore in cash along with significant amounts of gold.

Sravan expressed concerns over the transparency of these findings and demanded that the ED publicly disclose what was discovered during the raids. He also hinted at political collusion, alleging a conspiracy involving Congress leaders, Ponguleti, and businessman Gautam Adani. Sravan suggested that the meetings were part of an effort to evade ED scrutiny, asserting that despite the national rivalry between Congress and the BJP, a covert alliance exists between the two parties in Telangana.

In addition to the ED allegations, Sravan criticized Telangana Chief Minister Revanth Reddy over the Hydra ordinance, accusing him of bypassing the Greater Hyderabad Municipal Corporation (GHMC) by establishing new authorities. According to Sravan, this move undermines local governance and weakens democratic accountability in the city’s development.

Sravan also took aim at Minister Konda Surekha, calling for her removal from Rahul Gandhi’s cabinet due to her derogatory remarks about the film industry. He argued that such comments harm the reputation of the industry and demanded stricter accountability from public officials. In conclusion, Sravan emphasized the need for greater transparency in the findings from the ED raids and called on the government to uphold constitutional principles, especially in matters of local governance and development projects.

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