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IT raids at TRS MLA relatives firm, Ramanaidu Studios

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Press Trust of India Hyderabad

Income Tax sleuths on Wednesday raided the offices of a firm belonging to relatives of ruling TRS party MLA M Krishna Rao besides conducting searches at Ramanaidu Studios here, owned by popular Telugu film producer Daggubati Suresh Babu and his family.

Confirming the raids, I-T department sources said they were verifying the construction firm, Praneeth Infras records.

According to the firm's website, Krishna Raos son Sandeep Rao is one of the directors of the firm.

The Kukatpally legislator could not be reached for comments.

His personal security officer said Sir is busy and cannot take calls."

Earlier, IT officals swooped down on Ramanaidu Studios.

 

IT sources maintained that the searches were 'routine' in nature.

"Searches are being conducted at the residences and offices of Suresh Babu. They are part of verification of records," sources told PTI.

Top actor Venkatesh is younger brother of Suresh, father of popular actor Daggubati Rana.

It was not clear whether searches were carried out at Venkatesh's residence or office.

The Daggubati family owns popular Telugu movie banner Suresh Productions founded by late D Ramanaidu.

Calls made to Suresh Babu for his response went unanswered.

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First Published: Nov 20 2019 | 9:40 PM IST

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