SIT conduct raids at TDP leader's residence

Image
ANI General News
Last Updated : Feb 29 2020 | 11:15 PM IST

The Special Investigation Team (SIT) officials on Saturday conducted raids in the residence of Telugu Desam Party (TDP) leader Nannapaneni Lakshminarayana.

The SIT was recently constituted on the matter of insider trading in land purchases in the Amaravati area.

"I will fully cooperate with the officials, as there is nothing to hide," Lakshminarayana told reporters.

He also said that he had inherited some land from his father and does not have any information about his son-in-law and former advocate general Dammalapati Srinivas Rao.

Nannapaneni Lakshminarayana is a former chairman of Kanchikacherla Market Yard and his son-in-law was the Andhra government's advocate general during the TDP regime when N Chandrababu Naidu was the Chief Minister of the state.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 29 2020 | 11:06 PM IST

Next Story