CBI continues with raids on day 3

August 20, 2011 16:49
CBI continues with raids on day 3

lakshminaryanaCBI Joint Director Mr VV. Lakshminarayana, who has been supervising the raids on Jagan-owned companies and on those who invested in Jagan companies, said the search teams have concentrated on three places on the third day today.

Speaking to media persons in Hyderabad, he said raids which began on Thursday were still continuing. “We will take some more days to complete the raids and searches in Hyderabad,” he said, adding that the raids in Bangalore have been completed and now the teams have been busy examining the bank accounts of various persons and companies which invested in Jagan group.

The CBI officials today raided the Ranky corporate office in Somajiguda and on the house of AK Dandamudi. As the Danadamudi house was found locked, the CBI teams called the neighbors and in their presence broke open the doors and conducted searches. Sources said the raiding teams recovered a good number of key documents from the house.

The offices of Alfa Villas and the go-downs of Sakshi Media in Medchal were also raided today.

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