Janasena GVMC Corporator Murthy Yadav complained to the Income Tax Department that Former Minister Balineni Srinivas Reddy parked his ill gotten wealth in Mythri Movie Makers, the popular production house of Tollywood.
Murthy Yadav also demanded investigation on Bhaskar Reddy (father of Balineni’s son-in-law) and auditor Gannamaneni Venkateswara Rao. He alleged that Bhaskar Reddy is Balineni’s Binami.
Murthy Yadav also alleged the same about Telangana Minister Talasani Srinivas Yadav.
Balineni has responded to this accusation.
“Neither me nor Bhaskar Reddy invested a single rupee in the film industry. If these accusations are proven, I will give away all my assets and will also quit politics forever. Pawan Kalyan will know if I invested in the film industry,” Balineni said.
These accusations and counters have come at the time when raids are happening on Mythri Movie Makers.
M9.news is the first to report on web that two MLAs of AP and Telangana are rumored to have invested in Mythri Movie Makers.
Talasani is yet to comment on this accusation of the Janasena Corporator.
