Hyderabad: It’s raining cash in the city all thanks to the upcoming Munugode assembly by-poll in Telangana, scheduled to be held on November 3. Elections are all about money and the state police has seized a huge amount of ‘Hawala cash’ in the run-up to the by-election over the last weeks in Hyderabad especially.
While officially the Hyderabad police has not said it’s all going to Nalgonda district for the Munugode by-poll, sources told Siasat.com that the Hawala money seized so far was likely on its way to Munugode for poll campaigns. In Hyderabad alone, the police has seized around Rs. 10 crore in cash that was being transported by local conduits.
Aside from Hawala money being seized by the Hyderabad police, Narsingi cops under the Cyberabad police also seized Rs. 1 crore that was reportedly supposed to reach a Bharatiya Janata Party (BJP) leader in Munugode. According to the police, during a vehicle checking at Narsingi Rotary, a team found people transporting cash in three vehicles – two cars and a bike.
Rs. 1 crore Hawala cash was seized – Rs. 35 lakh each from the cars and Rs. 30 lakh from the bike. During inquiry, it was found that the money was to be handed over to Komatireddy Sumanth Reddy and Komatireddy Surya Pavan Reddy. Both are associated with Rajagopal Reddy who is contesting in the Munugode by-poll.
The Munugode elections were necessitated after ex-Congress MLA Komatireddy Rajagopal Reddy resigned in August and shifted loyalties to the BJP. Now contesting on a BJP ticket, he will be in a tough battle with the ruling Telangana Rashtra Samithi (TRS) and the Congress as well.
Also Read Hyderabad: Rs 1.73 Cr Hawala cash seized from four accused String of Hawala cash seizures On October 8, the Hyderabad commissioner’s Task Force team caught two persons near Bharatiya Vidya Bhavan, Jubilee Hills with unaccounted cash worth Rs 2.49 crore. The Jubilee Hills police in a press release stated that two persons confessed to hawala operations for one Botchu Ramu, who works as the manager of Boyance Infrastructure in Bangalore. No link to Munugode however was mentioned.
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