ED attaches 105 immovable properties and other assests of 96 crores of Nama Nageswara Rao

Enforcement Directorate (ED) has provisionally attached 105 immovable properties and other assets worth 96 crores, belonging to Madhucon Group of companies in a money laundering case. Nama Nageswara Rao, Telangana Rashtra Samithi (TRS) MP is one of the promoters of the group. This is linked to the Ranchi Expressway bank fraud case, which had been registered by CBI in March 2019. Even if there is a political fight between BJP and TRS in Telangana heats up, the ED issued a statement and said that they have attached a worth 96 crores of Madhucon Group of companies, its promoters and directors.#namanageshwarraolatestnews #ednamanageshwarraolatest #edmadhuconbreaking

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