IT Raids On RC16 Producer Venkata Satish Kilaru

Income Tax Department is raiding multiple production houses of the Telugu Film Industry since morning.

Vriddhi Cinemas that is going to make its Production Debut with Ram Charan and Buchi Babu‘s #RC16 is also under scanner.

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Venkata Satish Kilaru, the producer is also a partner of Mythri Movie Makers. We can see a Thanks Card for him in the films of Mythri. The Raid primarily is focused on Pushpa 2 collections and related transactions, we are told.

Satish Kilaru is primarily into Infra Business. His Vriddhi Infratech is also under the radar now.

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Satish Kilaru‘s partner and Executive Director Kavuru Suresh Kumar is also being raided. The offices of the company in multiple locations and the residences of the Directors are also being raided.

The flow of funds in the Business and outward transactions into the films are being scrutinized.

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The offices of Mythri and the Producers and their residences are also being raided.

We are told that a person who handles the marketing of all the films of Mythri are also being raided and questioned. The department believes this person is in complete knowledge of Mythri‘s business.

The Raids are expected to go on for tomorrow as well and the Department may make a statement after that.