While making the arguments on Revanth Reddy’s Bail Petition, Telangana Attorney General Rama Krishna Reddy had made some crucial comments regarding the seized cash in the scam. The AG said that they managed to trace down the money but can not reveal about it now.
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He also argued that Revanth Reddy should remain in jail until the remaining 4.5 Crore is traced. Earlier there are rumours that the money was drawn from an account of TDP Rajya Sabha MP, CM Ramesh’s construction company but now they say it is from a Chit Fund company of Ameerpet run by a Krishna district man.
This tracing down if true will be a crucial lead to the Telangana ACB in this case. With ACB getting the FSL Report and this lead to the money source, several key developments in the case are expected very soon.
