Complaint To The ED Against Somireddy

  • Money transfered to various countries through havala
  • Scams under the mask of power
  • Somireddy's life is full of corruption
  • Somireddy shall not be spared
  • YSRCP MLA Kakani Govardhan Reddy
Hyderabad: Calling him corrupt, YSRCP MLA Kakani Govardhan Reddy slammed TDP MLC Somireddy Chandramohan Reddy. In a media conference, he informed that he had not only exposed the details of Somireddy's illegal assets in foreign countries, but had also complained against him to national investigation agencies like CBI and ED. Criticising Somireddy for performing money landering, Kakani challenged him to face CBI inquiry to prove his innocence.
Speaking at a media conference from YSRCP's central office in Hyderabad, Kakani revealed about the complaint he had made to the Enforcement Directorate.

To,

The Joint
Director (Admn), Enforcement Directorate,

6th Floor, Lok Nayak
Bhawan, Khan Market, New Delhi-110003.

Sir,


Sub: Investigation
Sought for with Regard to Contraventions of "FEMA" and Offence of Money Laundering under the Provisions of Prevention of Money Laundering Act,
2002 (PMLA) committed by Mr. Somi Reddy Chandra Mohan Reddy, Ex-Minister,
Presently MLC, Andhra Pradesh Legislative Council, his Wife Mrs. Somi Reddy
Jyothi and his Son Somi Reddy Rajgopal Reddy, Allipuram Village, Chinna
Cherukuru Mandal, SPSR Nellore District, Andhra Pradesh. Request Regarding:-

Me being the
representative of the people of Sarvepalli Assembly Constituency, SPSR
Nellore District and conscious of the duty caste upon the citizen of this
country to bring to the notice of the Investigating Agency of any cognizable
offence to unearth the same. Hence as I felt it as my duty to bring it to
your notice about the colossal foreign exchange money transfers and
transactions done by Mr. Somi Reddy Chandra Mohan Reddy, Ex-Minister,
Presently MLC, Andhra Pradesh Legislative
Council, his Wife Mrs. Somi Reddy Jyothi and his Son Somi Reddy Rajgopal
Reddy as beneficiaries in Singapore Dollar, Honkong Dollars &
Malaysian Ringgits through various banks such as DBS Bank Ltd, Six Sherton
Way, DBS Building, Singapore, RHB Bank, Berhad, Malaysia, OCBC Bank,
Malaysia, May Bank, Malaysia.

The transactions that are evident through the
annexures appended herewith are required to be investigated by the
specialized financial

That the transactions done by Mr. Somi Reddy Chandra Mohan Reddy and 2 of his family members contravenes the provisions of Foreign Exchange Management Act, 1999(FEMA) and are in the clear orbit of offence of money laundering Under the Provisions of Prevention of Money Laundering Act, 2002(PMLA). It is also evident that with such illegal foreign exchange money transfers, he and his family members acquired huge immovable properties outside India i.e., Malaysia which act is a contravention of Foreign Exchange Management Act, 1999 and it amounts to an offence under the said Act as there is a prohibition on direct investment outside India.

Hence I request you Sir, to conduct a thorough investigation about the complicity of Mr. Somi Reddy Chandra Mohan Reddy, Mrs. Somi Reddy Jyothi & Mr. Somi Reddy Rajgopal Reddy for their blatant and patent contraventions of Provisions of Prevention of Money Laundering Act, 2002(PMLA) and the provisions of Foreign Exchange Management Act, 1999(FEMA).





Kakani Goverdhan Reddy

MLA,
Sarvepalli Constituency

Andhra
Pradesh


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