Hyderabad, January 7: The Anti-Corruption Bureau (ACB) conducted extensive raids at the offices of Greenko and its subsidiary, Ace Next Gen Company, on Tuesday. The searches, which began in the morning, are focused on investigating alleged irregularities involving Rs. 41 crore in electoral bond purchases.
The raids were carried out at Greenko’s office in Madhapur, Hyderabad, as well as at Ace Next Gen offices in Krishna district’s Machilipatnam and Gannavaram in Andhra Pradesh. ACB officials are reportedly scrutinising records and transactions related to the case.
Sources indicate that the investigation spans multiple locations, with simultaneous searches ongoing in both Telangana and Andhra Pradesh. This marks a significant step in the probe into financial activities tied to election bond dealings.
Further details regarding the outcome of the raids and any potential findings are awaited as the operation continues.