ED seizes Rs 24 lakh, locker keys linked to YSRCP MP Avinash Reddy in murder case

The Enforcement Directorate ED on Friday seized unaccounted cash of Rs 24 lakh and two locker keys of the YSRCP Lok Sabha MP YS Avinash Reddy during searches carried out at seven premises in Andhra Pradesh and Telangana in a money laundering case linked to the murder of former Andhra Pradesh minister and MP Y S Vivekananda ReddyIn the searches being carried out in Hyderabad in Telangana and Kadapa in Andhra Pradesh under the provisions of the Prevention of Money Laundering Act PMLA at the residential premises of the key accused EDs Hyderabad zonal office also seized incriminating documents and digital devicesVivekananda Reddy paternal uncle of exAndhra Pradesh Chief Minister Jagan Mohan Reddy and a popular political leader exMLA exMP from Kadapa was found murdered on March 15 2019 at his residenceThe High Court of Andhra Pradesh vide its order dated March 11 2020 directed the Central Bureau of Investigation CBI to conduct further investigationThe CBI registered a First Information Report FIR in the case and filed three chargesheets in the matter upon conducting a substantial investigation wherein Avinash Reddy Y S Bhaskar Reddy D Shiva Shankar Reddy T Gangi Reddy Y Sunil Yadav and others were arrayed as accusedThe CBI chargesheet revealed that D Siva Shanker Reddy a political functionary of the YSRCP and his close associates Avinash Reddy and his father Y S Bhaskar Reddy were unhappy when Vivekanand Reddy joined YSRCP as their increasing influence in politics could have been challengedSo to eliminate him they hatched a criminal conspiracy and included his staff including T Gangi Reddy Shaik Dastagiri and Y Sunil Yadav said the ED in a statementShaik Dastagiri later turned approver and was granted a pardon by Special CBI court He disclosed that the murder conspiracy was hatched around one moth before the murder T Gangi Reddy informed him that D Siva Shankar Reddy and some senior politicians were also involved in the plan for the murder of Vivekananda Reddy said the ED citing the CBI chargesheetIn the CBI chargesheet ED further said that it was accused that D Siva Shankar Reddy would give them Rs 40 crore for the murder Shaik Dastagiri was induced by T Gangi Reddy with Rs 5 crore as part of a share in a promised amount of Rs 40 crore He also admitted that he had received Rs 1 crore from Y Sunil Yadav who took Rs 25 lakh from it He gave the remaining Rs 75 lakh to his friend said the agencySyed Munna and the CBI later recovered and seized Rs 4670 lakh cash and unaccounted jewellery from the locker of Syed Munna and his motherED had registered a case of money laundering based on the FIR and chargesheets filed by the CBIThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever