IT officials seize 570 cr cash and 179 kilos Gold from Shekar Reddy

shekar-reddy-ttdIncome Tax officials were shocked after conducting raids on Tirumala Tirupati Devasthanam (TTD) Board member J Sekhar Reddy.

IT officials conducted raids for the fourth day on Shekar Reddy residence and his relatives. They have seized 570 crore cash , 179 kilos Gold and 17 bank accounts.

Shekar Reddy turns bigger than Gali Janardhan Reddy in accumulating Black money.  IT officials checking the serial numbers of the new currencies notes seized from Shekar Reddy.

IT officials are checking the serial numbers on the 2000 notes and cross check with RBI , then interrogate the respective bank managers.