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Unaccounted Rs 10 lakh cash seized in Andhra Pradesh

ANI  |  General News 

Police on Saturday seized unaccounted cash amounting to Rs 10 from a local resident during near Municipal Office here.

The conducted raids on the direction of in view of ensuing Lok Sabha and Assembly elections, which are scheduled to be held on April 11.

The person, who has been identified as Kommu Krishnamurthy, told police that he withdrew Rs 10 as it was taken as housing loan, a few days back. However, on being interrogated the accused was unable to produce any evidence for it.

"We have traced unaccounted cash of Rs 10 from Kommu Krishnamurthy, who belongs to Ramachandrapuram village. He has told us that he has taken a housing loan and withdrawn the money for the same purpose. However he could not produce any evidence for that money," police said.

The seized amount has been handed over to concerned officials, they added.

A case has been registered and further investigation is underway.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, March 17 2019. 03:14 IST