South Actor Mahesh Babu Summoned by ED in Money Laundering Case

Popular actor Mahesh Babu is in trouble. The Enforcement Directorate (ED) has sent him a notice in a money laundering case. The ED has asked the actor to appear for questioning on the 27th. Two companies in Hyderabad, were involved in illegal transactions. Mahesh Babu is said to be the spokesperson of both these companies. The entire matter is under investigation.

The ED had started a money laundering investigation based on an FIR registered by the Telangana Police against Narendra Surana of Bhagyanagar Properties Limited and Satish Chandra Gupta of Sai Surya Developers. The duo had cheated the buyers by selling the same plot in the layout several times and also made false promises regarding registration. On April 16, the ED raided the premises these companies. The ED has seized evidence in the form of documents and cash from their houses.

Mahesh advertised real estate projects launched by these companies. For this, he received Rs 5.9 crore. Out of this, Rs 3.4 crore was received through cheque and Rs 2.5 crore in cash. Since Mahesh has a fan base across the country, many people were attracted after seeing the advertisement and invested. Even if Mahesh Babu was not aware of this scam or was not involved in this scam, he has received money from companies for advertisements. The ED has summoned Mahesh Babu to inquire about the same money. Mahesh Babu has not yet responded to the notice sent by the ED. Now it will be important to see how the actor will react to this.