Telangana Minister’s House Raided: ₹100 Crore Smuggling Scandal Unveiled – Son’s Luxury Spending Under ED Scanner!

Hyderabad – The Enforcement Directorate (ED) conducted multiple raids at properties linked to Telangana’s Revenue Minister, P. Srinivasa Reddy, as part of an ongoing investigation into a ₹100 crore money laundering case. The case is allegedly tied to a smuggling racket, with accusations involving the minister's son, Harsha Reddy, and the Raghav Group.

The raids were carried out at five locations, including premises in Hyderabad, following a complaint from the Directorate of Revenue Intelligence (DRI). The DRI’s complaint centers on Harsha Reddy’s alleged involvement in a hawala and cryptocurrency racket that is suspected to be worth over ₹100 crore.

What Triggered the Raids?

The investigation began when the DRI filed a complaint against Harsha Reddy, accusing him of illegal transactions through hawala networks and cryptocurrency. Reports suggest that Harsha made extravagant purchases, including seven luxury watches valued at ₹7 crore, with funds obtained through illicit means. The Raghav Group, with which Harsha Reddy is associated, is also under scrutiny for its involvement in the racket.

In addition to Harsha Reddy, A. Naveen Kumar has also emerged as a suspect in the case. Authorities believe that both individuals were part of a larger smuggling operation that involved money laundering and illegal financial transactions.

Political Ramifications for the Minister

P. Srinivasa Reddy, a senior Congress leader, currently holds multiple portfolios in Telangana, including Revenue, Housing, Information, and Public Relations. The ongoing investigation and the ED’s raids have raised serious questions about his son’s alleged involvement in the racket and potential links to high-level corruption.

With the probe still in progress, there are concerns about the political fallout for both Srinivasa Reddy and the Telangana state government. The outcome of the investigation could bring to light further details about the involvement of prominent political figures in this large-scale smuggling and money laundering operation.

Potential Consequences and Public Impact

The high-profile nature of this case, involving a minister’s family and a significant money laundering operation, has already attracted widespread media attention. As the investigation unfolds, it could have lasting consequences not only for those directly involved but for the broader political landscape in Telangana.

The revelations could lead to increased scrutiny of corruption and accountability within the state’s political system, further shaping public discourse around transparency and governance in the region.