Enforcement Directorate Raids on Former Union Minister Sujana Chowdary are still on with the allegations of Shell Companies belonging to Chowdary defrauded the banks to the tune of more than 5700 Crore. ED alleges that the directors of the shell companies do not have any idea about the funds and the transactions are known only to Sujana and other key persons.
ED has seized some important documents and also Six High-End Cars belonging to him like Ferrari, Rangerover, Benz etc, which are also registered on the name of the Shell Companies. The TDP MP is not available for comment. He was issued summons to appear before ED in Person on 27th of this month.
Similar allegations have come on Sujana about defrauding banks belonging Mauritius even while he is serving in the Union Cabinet as Minister of State. But then, the NDA Government did not take any action on him. Later on, he resigned after TDP pulled out of the NDA Government. It is alleged that he was targeted so as to trouble the Telugu Desam Party for moving closer to Congress.
