The CBI officials conducted searches at the MLC's residence in Nellore as part of their probe into the case. They also conducted simultaneous searches in his firm VNR Infrastructures offices in Hyderabad and Bengaluru.
"They verified many documents and asked me several questions. I gave them my replies," Vakati told reporters at the end of over a seven-hour CBI operation.
The MLC had previously claimed that he had nothing to do with the loan, obtained by VNR Infrastructures, of which he is the managing director.
The loan, along with interest, has now touched Rs 205 crore, sources in the CBI said.
Narayana Reddy, previously a Congress MLC, was elected to the AP Legislative Council for a second term this month as a TDP candidate from the Nellore Local Authorities constituency.
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