MLAs, celebs could also be a part of on line casino business- The New Indian Specific

By Specific Information Service

HYDERABAD: A day after the Enforcement Directorate (ED) performed raids at locations in Telangana and Andhra Pradesh linked to Chikoti Praveen Kumar and Madhav Reddy over International Alternate Administration Act (FEMA) violation, studies emerged of the alleged involvement of some MLAs, VIPs, movie celebrities and a few bigshots in each the Telugu States of their playing enterprise.

On Thursday, the ED issued separate notices to Praveen and Madhava Reddy, summoning them to seem earlier than it on Monday and clarify the allegations. The ED discover got here hours after ED officers concluded their raids after virtually 18 hours. Sources stated that some key paperwork had been seized.

In keeping with sources, Praveen, with the assistance of Madhav Reddy, organises excessive stakes playing at casinos in Nepal, Thailand, Indonesia and Goa, all locations the place playing is authorized. The sources stated that a minimum of a dozen MLAs are concerned within the on line casino, in addition to some celebrities who go to Goa to celebration. Nonetheless, their names haven’t been made public.

He’s believed to have roped in actresses Amisha Patel, Nora Fatehi, Eesha Rebba and Dimple Hayathi to advertise his occasions final month, utilizing his connections in Bollywood circles. Nonetheless, Praveen maintains that he’s not concerned in something unlawful. “Casinos are authorized in Nepal and Goa. I’m not doing something unlawful. I’ll make clear all doubts after I seem earlier than the ED on Monday. I’ll present all solutions and I’m prepared to reply to ED notices,” he informed reporters on Thursday.

Nonetheless, the allegations in opposition to Praveen and Madhav Reddy are that they facilitated the switch of the stakes on the on line casino, operating into lakhs of rupees, by means of hawala channels, thus violating FEMA guidelines. It’s pertinent to say right here that Praveen had earlier been arrested in an extortion case in 2017.  

MLA sticker on automobile

Chikoti Praveen travels in luxurious vehicles and he allegedly earns Rs 40 lakh per weekend. An MLA sticker on his automobile has raised eyebrows. When requested concerning the MLA sticker, Labour Minister Malla Reddy stated that it had expired in March and had been thrown away after that.

<br /> HYDERABAD: A day after the Enforcement Directorate (ED) performed raids at locations in Telangana and Andhra Pradesh linked to Chikoti Praveen Kumar and Madhav Reddy over International Alternate Administration Act (FEMA) violation, studies emerged of the alleged involvement of some MLAs, VIPs, movie celebrities and a few bigshots in each the Telugu States of their playing enterprise.</p> <p>On Thursday, the ED issued separate notices to Praveen and Madhava Reddy, summoning them to seem earlier than it on Monday and clarify the allegations. The ED discover got here hours after ED officers concluded their raids after virtually 18 hours. Sources stated that some key paperwork had been seized.</p> <p>In keeping with sources, Praveen, with the assistance of Madhav Reddy, organises excessive stakes playing at casinos in Nepal, Thailand, Indonesia and Goa, all locations the place playing is authorized. The sources stated that a minimum of a dozen MLAs are concerned within the on line casino, in addition to some celebrities who go to Goa to celebration. Nonetheless, their names haven’t been made public.</p> <p>He’s believed to have roped in actresses Amisha Patel, Nora Fatehi, Eesha Rebba and Dimple Hayathi to advertise his occasions final month, utilizing his connections in Bollywood circles. Nonetheless, Praveen maintains that he’s not concerned in something unlawful. “Casinos are authorized in Nepal and Goa. I’m not doing something unlawful. I’ll make clear all doubts after I seem earlier than the ED on Monday. I’ll present all solutions and I’m prepared to reply to ED notices,” he informed reporters on Thursday.</p> <p>Nonetheless, the allegations in opposition to Praveen and Madhav Reddy are that they facilitated the switch of the stakes on the on line casino, operating into lakhs of rupees, by means of hawala channels, thus violating FEMA guidelines. It’s pertinent to say right here that Praveen had earlier been arrested in an extortion case in 2017.  </p> <p>MLA sticker on automobile</p> <p>Chikoti Praveen travels in luxurious vehicles and he allegedly earns Rs 40 lakh per weekend. An MLA sticker on his automobile has raised eyebrows. When requested concerning the MLA sticker, Labour Minister Malla Reddy stated that it had expired in March and had been thrown away after that.<br />