Actor Malesh Babu greets people. | Photo credit: ch vijaya bhaskar
Actor Malesh Babu was looking for a adjournment of the Directorate for Pravo (ED) and does not appear for the interrogation of April 28, as was previously planned. Ed confirmed the postponement request.
The actor is investigated in connection with the case of money laundering, including real estate companies based in Hyderabad and the Surana group. Reportedly, Crore received 5.9 GBP for approval of their projects, part of it was in cash and was concerned about potential references to illegal financial activities. “He quoted filming the film and some personal commitments as reasons for adjournment,” the officer confirmed.
While Malesh Babu is not currently accused in the case of ED, ED examines financial transactions related to its confirmation. The investigation results from complaints filed by investors who claim that they have been cheated on these real estate companies. The ED probe includes a search made 16 April, leading to seizure of documents and cash of 74.5 lakh, along with evidence of approximately 100 GBP Crore in dubious transactions. Further updates are expected during the investigation.
ED launched her investigation after several eaters registered by the Telengan Police against Narendra Surana, director of Bhagyanagar Properties Ltd., K. Sathish Chandra Gupt, owner of Sai Surya developers, and several others for the alleged cheating of investors.
Published – April 27, 2025 06:44
