11 months ago
Jagapathi Babu Questioned in Sahiti Infra Fraud Investigation
The Enforcement Directorate (ED) is looking into a real estate fraud and has questioned actor Jagapathi Babu.
The investigation concerns a company called Sahiti Infra, accused of taking money for homes it didn't build.
Jagapathi Babu was involved in promoting the company.
The ED is checking his financial records, like bank statements, to see if he received payments.
Over 700 homebuyers were affected and have lost money because of the alleged fraud.
Investigators have already arrested key people and seized assets related to the case.
Actor Jagapathi Babu was questioned by the ED regarding the Sahiti Infra fraud case.
The ED is investigating Babu's financial transactions and association with Sahiti Infra.
Investigators reviewed video clippings of project launches attended by Babu.
Babu was asked to provide 15 years of bank statements.
The Sahiti Infra case involves over 700 homebuyers and ₹360 crore.
- Who
- Jagapathi Babu, ED officials, Sandu Purnachandra Rao
- What
- Actor Jagapathi Babu questioned by ED regarding Sahiti Infra fraud.
- Where
- Not specified in the article, but linked to investigations around Hyderabad and Vijayawada
- When
- Thursday, specific date not provided
- Why
- Investigation into alleged fund diversion related to Sahiti Infra.
Key facts
- Involved Parties
- Jagapathi Babu, Sandu Purnachandra Rao
- Agency Involved
- Enforcement Directorate (ED)
- Alleged Crime
- ₹360 crore Sahiti Infra fraud
- Homebuyers Duped
- Over 700
- Funds Diverted
- Multiple accounts and shell companies
- Assets Attached
- ₹161.5 crore
