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Assembly elections 2018: IT officials seize Rs 51 lakh cash from TRS leader's residence

Assembly elections 2018: IT officials seize Rs 51 lakh cash from TRS leader's residence

Business-cash

Ahead of the Telangana Assembly elections, Income Tax department officials have seized Rs 51 lakh from P Narender Reddy, who is representing the Telangana Rashtra Samithi (TRS) party from the Kodangal constituency.

On Wednesday, the IT officials on a tip-off conducted raids on P Narender Reddy`s residence and seized Rs 51 lakh worth unaccounted cash.

Narender Reddy has not shown proper proof for the cash.

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It is not yet known if the money which is seized was to be distributed to voters.

Further investigation in the case is currently underway," Rajat Kumar, Telangana`s Chief Electoral Officer told ANI.

Narender Reddy is the brother of Patnam Mahender Reddy, who was the Transport Minister in the state.

The Assembly elections will take place on December 7 in Telangana and results will be announced on December 11.