IT raids on My Home Rameswara Rao


In a big blow to the ruling TRS, its strong supporter and My Group Chairman Rameswara Rao came under the IT scanner. The IT officials silently began raids at the Nandinagar residence and High-tech City offices since morning. Interestingly, the raids took place just two days ahead of the visit of Union Home Minister Amit Shah to Hyderabad.

Rameswara Rao hit news headlines recently after he made police complaints against TV 9 former CEO Ravi Prakash over alleged forgery and mismanagement charges. There were reports subsequently that Ravi Prakash met senior BJP leaders in Delhi and complained against Rameswara Rao and KCR.

Political speculation is rife that the BJP has begun its operation to expand its support base in Telangana. Rameswara Rao faced allegations of buying TV 9, 10 TV and Mojo TV with black money. Ravi Prakash accused Rameswara Rao of using his money power to take possession of TV 9 through illegal means.

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