Politics

Former Congress MP in Demonetization Scam?

Reports are emerging that a former Congress MP from Andhra Pradesh indulged in huge currency conversion. A farmer reportedly complained that an amount of 2 Crore got deposited in his amount and 34 Lakhs of this money is transferred to another account.

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It is found that the amount is transferred to an account belonging to a former Congress MP. The authorities are investigating into the issue and proper action will be taken very soon. Interestingly, this news did not figure in media prominently.

There are numerous such instances where in the Black Money Hoarders have joined hands with some bank officials and used the accounts of farmers and Jandhan accounts to launder the ill-gotten money. It has to be seen if the wrongdoers will be brought before law finally.

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Sridhar Raavi

Sridhar is a highly experienced hand in Telugu politics, writing and analyzing political happenings in Andhra Pradesh and Telangana. An IT engineer turned news junkie, Sridhar has a sharp eye for catching news as it u…

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