Hyderabad: The Enforcement Directorate issued an Arekapudi Gandhi ED notice in the Sahithi Infra money laundering investigation. The agency asked Serilingampally MLA Arekapudi Gandhi to appear for questioning on September 27 over transactions of about Rs 2.1 crore.
According to information from the investigation, ED officials traced transfers of around Rs 2.1 crore from Sahithi Infra accounts to Gandhi. They now want Gandhi to explain the transactions.
The ED is pursuing the money laundering probe based on an FIR filed by Telangana police. The case involves allegations that Sahithi Infra collected funds from buyers through pre-launch offers and diverted the money.
Arekapudi Gandhi ED notice focuses on Rs 2.1 crore
The Arekapudi Gandhi ED notice asks Gandhi to appear before the agency on September 27. Officials are expected to seek details about the transactions linked to Sahithi Infra accounts.
Meanwhile, the ED has already acted against properties linked to the company and people connected with the case. The agency attached assets worth Rs 161 crore during those proceedings.
The investigation also examines the movement of funds collected from prospective property buyers. Investigators are looking into the company’s financial transactions as part of the money laundering case.
Sahithi Infratech managing director Boodati Lakshminarayana faced arrest in 2024 in connection with the case. Subsequently, the ED continued examining the company’s financial dealings and related transactions.
The latest notice to Gandhi comes as the agency continues its investigation into the allegations against Sahithi Infra. Gandhi must appear before the ED on September 27.