Reddy & aide grilled by crime branch in B’luru
Bengaluru: A day after he was summoned by Central Crime Branch (CCB), former Karnataka minister Gali Janardhana Reddyon Saturday appeared before the agency in connection with the ongoing probe into Ambidant ponzi scheme, a Rs 600crore fraud.
Preliminary investigations by CCB had revealed that Reddy and his assistant Mehfuz Ali Khan had received 57kg gold worth Rs18 crore from Ambidant Marketing Private Limited to ‘negotiate’ with ED officials to go easy against its promoter Syed Ahmed Fareed. Ambidant is under scanner for collecting deposits from the public by promising high returns.
The CCB issued a notice to the duo on Friday, directing them to appear for questioning on Sunday. However, Reddy arrived at CCB’s office in Chamarajpet around 4pm on Saturday with his lawyer and Khan. The cops continued to grill Reddy till late in the night to ascertain his involvement in the money trail. Sources said Reddy repeatedly denied any role in the Ambidant scam. “But, when DCP Girish showed him a few documents, Reddy had no answer,” sources said.