Published Sep 25, 2026 | 12:10 PM ⚊ Updated Sep 25, 2026 | 12:10 PM
Arekapudi Gandhi summoned by ED. (Supplied)
Synopsis: ED is examining an alleged transfer of ₹2.1 crore from Sahiti Infra into Gandhi’s bank accounts and are seeking to determine the nature of these transactions and whether they were backed by legitimate business dealings.
The Enforcement Directorate has summoned Serilingampally MLA Arekapudi Gandhi in connection with the money laundering probe into Sahiti Infratech Ventures India Pvt Ltd and directed him to appear for questioning on 27 September.
Gandhi won the Serilingampally Assembly seat in 2023 on a BRS ticket but had switched to Congress in 2024. However, due to wider scrutiny against defections, Gandhi doesn’t publicly state his affiliation.
ED is examining an alleged transfer of ₹2.1 crore from Sahiti Infra into Gandhi’s bank accounts and are seeking to determine the nature of these transactions and whether they were backed by legitimate business dealings.
The ED is also scrutinising properties linked to the money-laundering network under investigation.
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The case stems from complaints that the realty firm collected money from homebuyers promising flats and villas but failed to deliver projects on schedule. This prompted several FIRs with Telangana Police that now form the basis of the federal agency’s inquiry.
Earlier, the probe was looking into an estimated ₹248 crore fraud, but the ED now believes the scale to be much larger, at around ₹842 crore. Much of it was reportedly collected through pre-launch offers before being routed into accounts held by the promoters and their relatives.
Investigators say some of this money was used to acquire properties in the names of associates. So far, 56 bank accounts have been frozen, adding to earlier attachments of assets worth ₹161 crore and a recent attachment of ₹12.6 crore.
B Lakshminarayana, the company’s MD, was arrested in September 2024 and remains the case’s central accused. Former director Sandu Purnachandra Rao was arrested last year.
Actor Jagapathi Babu, who featured in the company’s promotional campaigns, was earlier questioned by the ED.
(Edited by Sumavarsha, with inputs from Sreshta Ladegaam)
