Kadapa (Andhra Pradesh) [India]:
Following reports of irregularities in the Andhra Pradesh State Handloom Weavers Cooperative Society (APCO), the Andhra Pradesh Criminal Investigation Department (CID) on Friday raided the house of the former chairman of APCO in Khazanchi and seized cash and gold from the residence.
According to the Andhra Pradesh Criminal Investigation Department (CID), a team was investigating the case of irregularities in APCO since the rule of the Telugu Desam Party (TDP). Subsequently, the team received input regarding former APCO chairman Gujjala Srinivasulu’s alleged involvement in the irregularities. His house in the state’s Kadapa district was then raided by CID DSP Subbaraju and his team.
During the raid throughout the day, the AP CID seized almost 3 kilograms of gold, 2 kilograms of silver, more than Rs 1 crore cash, and documents of many properties.
CID DSP Subbaraju further stated that his team took this step after taking permission from the court and now further action will be taken against the former APCO chairman. Awaiting more information.