Hyderabad police have served notice to Congress leader and former MLA A. Revanth Reddy seeking his explanation in connection with a cheating case registered against him pertaining to the Jubilee Cooperative House Building Society Limited.
Further, the Jubilee Hills police have also summoned him for questioning on the alleged irregularities in the allotment of plots when he was the executive member of the society.
When contacted, West Zone DCP A.R. Srinivas said that notices were also sent to nine other members of the then executive committee.
“Three days ago, we have sent them notices seeking explanation on the alleged irregularities committed by the committee, which had caused huge financial loss to the society,” he said.
A case against Mr. Reddy and other members was registered in 2002 after a complaint was lodged by the then joint registrar of cooperative societies V. Amrender Rao and so far, the police did not bother to probe into the issue and file the charge-sheet, alleged Hyderabad High Court advocate Rama Rao Immaneni.
Mr. Rama Rao approached the Jubilee Hills police June 14 and asked police to file a charge-sheet. Further, he filed a writ petition in the High Court and following the court’s direction, the Jubilee Hills police served notices to accused persons in the case.
“There was stay for a period of 12 long years in the case and in September 2014, Justice A. Ramalingeshwara Rao directed the police to speed up the investigation in the case,” Mr. Rama Rao said.
He said that the accused executive members of the committee have allotted seven plots meant for open/public space under Build Operate and Transfer scheme to individuals by submitting forged documents. “Sale money was directly transferred to Mr. Reddy’s bank account,” he alleged.
Further, he alleged that Mr. Reddy with the assistance of some court staff had destroyed records from the record room.
Revanth Reddy was executive member of the society between the year 2000 and 2004.
In reply to the notices, Mr. Reddy said that he was preoccupied with election campaign-related work and sought three weeks time.
